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The attitude of various countries towards stablecoins can be summed up as "if we can't beat it, let's play together."
This really overturned my previous thoughts - I originally thought the United States was the "pioneer" in the stablecoin field, but it turns out it is more like a "follower afraid of falling behind": seeing other countries and companies getting involved, if it doesn't act soon, it will be too late.
The current situation is quite interesting: regulation has not kept pace with technology; instead, due to vague rules and delayed updates, it has given stablecoins the opportunity to grow wildly.
#crypto #market