If the U.S. Congress passes the Stablecoin Bill, it may set off a "wave of issuance" in the banking system, and the crypto market will usher in a large amount of capital inflow

According to Zack Shapiro, policy director of the Bitcoin Policy Institute, the U.S. Congress may pass a stablecoin bill in the next few months. Regulatory clarity will open the floodgates for institutional funds. In particular, after the passage of the stablecoin bill, the banking system may set off a wave of "compliant stablecoin" issuance, injecting new momentum into the market. He explained: "I believe all banks want to do this and compete with Tether, but there is currently a lack of sufficient regulatory clarity. Therefore, once Congress passes the stablecoin bill, this will likely bring in a large amount of capital inflows." However, uncertainty in the legislative process may lead to short-term selling pressure, but it will consolidate the value foundation in the long run. (businessinsider)