We are closer than ever to the cementing of world leadership in America in the innovation of digital assets. Next week, the Senate will hold its final vote on the guidance and the establishment of national innovation for the American stable law – the law on engineering – bringing this historic stablecoin legislation to one more and more law. After the adoption of the Senate, the bill will advance to the Chamber for examination. This marks a significant step forward – not only for the cryptography industry, but for American consumers, investors and the world force of the US dollar.
The figures tell the story. Today, more than $ 190 billion in stables -coated in dollars are in circulation worldwide, dubbing each year. Stablecoins are not speculative cryptographic assets – they are digital dollars that allow instant and low cost transactions all over the world. In regions faced with the devaluation of authoritarian frames or financial controls, stabbed allow access to economic stability of the US dollar. Not only is this pro-innovation-it is pro-democracy.
The law on engineering provides the clarity that industry needs urgently. By establishing judicious guidelines, it guarantees that stablecoins maintain stable value through high -quality liquid reserves, regular audits and clear buy -back rights. These are not excessive charges – these are reasonable protections already practiced by responsible transmitters.
More importantly, what the engineering law provides is a certainty, allowing responsible innovation to prosper while preventing bad players from undermining the system.
The passing genius cannot wait. While other countries are developing digital currencies from the central bank and alternative payment systems designed to bypass the domination of dollars, the United States is faced with a choice: adopt innovation that already spreads dollars worldwide or assigning this land to other countries. The legislation provides the framework that we need – solid reserve requirements, transparency rules and consumer protection – without stifling innovation that makes stablecoins so powerful.
The progress of the legislation on stablescoin is bipartite, reflecting increasing recognition through the political spectrum that this technology serves American interests. Republicans see innovation in the free market and the reduction of government intervention. Democrats appreciate the aspects of financial inclusion and consumer protection. The two parties understand that maintaining supremacy in the dollar is not a supporter – it is patriotic.
Globally, Stablecoins are already making a deep difference. In Argentina, where inflation has exceeded 100%, residents are using a dollar is to preserve their savings. In Ukraine, humanitarian organizations used them to provide instantly aid when traditional banking channels have failed. Throughout Africa and Southeast Asia, entrepreneurs have access to dollar liquidity and can create companies that connect to the world economy. Each transaction strengthens the role of the dollar as a global reserve currency.
The technological community knows what is at stake. This is why companies of all sizes – from traditional financial institutions to Silicon Valley startups – want clarity around Stablecoins. They do not require light regulation or special treatment; They ask for clear rules that allow them to build in America, serve American interests and extend American financial leadership on a global scale.
Meanwhile, each passing month, a more stablecoin activity moves to offshore, more innovation occurs outside our borders, and more land is sold to competitors. The European Union has already implemented the directives of Stablecoin. Singapore, water and others deploy executives to attract this activity.
Stablecoins supported in dollars do not compete with the federal reserve; They extend its scope. They do not undermine American banking services; They create new customers for this. They do not weaken financial surveillance; They make it more effective thanks to programmable compliance and real -time transparency. Stablecoins are a fundamental infrastructure, not on ideology.
The success of the act of genius does not require large expenses or bureaucratic complexity. It simply offers clear rules for American innovation to thrive, safeguard consumers and strengthens the global influence of the dollar.
The message to the congress is clear: do not let this moment pass. The world does not stop while Deliber America. With the genius law, we can make sure that the future of global finance remains labeled in dollars, governed by American values and fed by our unequaled American ingenuity.
