#USStablecoinBill #USStablecoinBill The regulation of stablecoins is pending in Congress. Here are six ways to improve the proposals. The United States Congress could soon pass legislation to regulate stablecoins (digital tokens tied to the US dollar). Although they are primarily used today to exchange other crypto assets, stablecoins could become a widely used payment instrument, driving innovation and competition. David Sacks, the "czar" of cryptocurrencies in the Trump administration, has predicted that stablecoins could also "ensure the dominance of the US dollar internationally" and generate "trillions of dollars in demand for US Treasury bonds." Critics of stablecoins, on the other hand, argue that legislation would legitimize a widely used product for money laundering and sanctions evasion, while also fostering speculation and scams with cryptocurrencies.