The Digital Chamber in the US is calling on Congress to quickly pass stablecoin legislation 📢. Stablecoins play a critical role in maintaining the dollar’s global dominance. China and Russia’s breakthroughs in this area are notable. 98% of stablecoins are pegged to the dollar, and new laws could make it easier for banks and other institutions to issue stablecoins. However, it is stated that the laws could be delayed until 2025. ⏳