Coinbase's Chief Policy Officer, Faryar Shirzad, has shared his prediction regarding the future regulatory landscape for stablecoins in the United States. He anticipates that by 2025, the U.S. will have implemented fast-tracked regulations specific to stablecoins.
This prediction is tied to a potential scenario involving Donald Trump winning the presidency and the presence of a Congress that is supportive of cryptocurrency legislation.
According to Shirzad, a favorable political climate influenced by a pro-crypto Congress would pave the way for these legislative developments concerning stablecoins, enhancing the regulatory clarity in the crypto market.
Source: cryptonews.com ↗