โWe do not see a path for Congress to enact stablecoin legislation this year as the Senate is far behind the House on this issue,โ Jaret Seiberg, an analyst with Cowen, wrote in a Wednesday research note. โIf the House votes, it will create a foundation for early action next year in the House regardless of which party controls the chamber.โ
US Stablecoin Bill Negotiations Wrestled Over Digital Dollar Approval: Source
