Stablecoins stole the offer at Bitcoin 2025

Las Vegas – in the largest world Bitcoin This week’s conference on the Vigas tape was not the most dependent story about bitcoin.

Stablecoins, the digital symbols of the dollar, which now leads a widespread financial and political transformation in Washington, stolen the offer.

The momentum is accelerated by the legislation of Stablecoin and the reform of the encryption market – and it attracts a new type of donor, investor and voters. This shift took the lead center at Bitcoin 2025 in Las Vegas.

Vice President JD Vance has become the first US Vice President to address Bitcoin community On Wednesday, the support of the entire wheat for encryption.

“I think it is wrong, in fact, calling this conference only“ “This is a movement. I am proud to stand with you,” said Vans Hashd from 35,000.

“In this administration, we do not believe that Stablecoins threaten the safety of the US dollar. On the contrary,” Vans said. “We consider them as a multiple strength for our economic people.”

Stablecoins is designed to obtain a stable value for non -CRYPTO assets, usually the US dollar.

“Bo Heins, a White House official heading to the President’s Digital Assets, told CNBC on the sidelines of Bitcoin 2025 to ensure that we confirm the global dominance of the US dollar for upcoming contracts, “CNBC told the sidelines of Bitcoin 2025 to ensure that we confirm the global dominance of the US dollar for upcoming contracts.

He added that the integration of Stablecoin in the American financial system can open trillion dollars in global demand for US debt.

These aspirations depend on the approval of the genius law, a draft law of the Senate that creates the first comprehensive regulatory framework for Stablecoin.

Senator Sinatia Lomes, R and Yoo, told Bitcoin 2025 mobilization that the draft law would move to a stroke on Monday after weeks of negotiations with Democrats.

“We believe that we have a final deal,” said Lomes. “If we can pass this, this will be the first legislation of digital assets to pass the US Senate.”

On the side of the House of Representatives, Republicans are racing to match this pace.

The majority of the House of Representatives Tom Amir, R -Men, Senator Bill Hajri, R. Tin praised. Donald TrumpOffice before August holiday.

“This president promised,” Emir said. “We want to do this now.”

Representative Brian Steel, R-WISC. , Who chairs the sub -committee of the House of Representatives on digital assets, the efforts made to enhance the accompanying legislation and is expected to reach the bill to the Financial Services Committee by July.

“Stablecoin exporters will buy US Treasury bonds in a period of time as this is incredibly necessary,” Stelle told Steel. CNBC in Vigas. “It devotes the US dollar in our dominant role as a backup currency in the world.”

Tether – The largest Stablecoin Source in the World – ranks first among the best buyers of US Treasury bonds in the world.

Steel rejected democratic efforts to propose amendment prohibiting government officials to take advantage of StableCoin Ventures. The Trump family links and recently released World Liberty Financeal Stablecoin USD1.

The CEO of Kraken Dave Ripley, who was advising the legislators behind the scenes, called on the basic legislation to bring in financial institutions – including consumer brokers and major banks – to the ecosystem of digital assets.

But he warned that the main provisions, including whether the return on Stablecoins with users and how government officials can participate in the market is still in discussion.

“The encryption is everything about individuals,” he said. “Let’s bring them value.”

The CEO of Tether Paolo Ardoino said that commodity trading companies will be the “largest driver” to adopt Stablecoin in the next five years. He is already preparing for the next wave of competition as the main financial players start their digital dollars on Blockchain.

Ardoino, whose company controls more than 60 % of the Stablecoin Market, stressed that traditional financial companies entering the Stablecoin space will be restricted through its dependence on its high -palpable customers.

“All traditional financial companies will establish Stablecoins that will be provided to their current customers,” CNBC told CNBC.

According to the Wall Street Journal, major banks including Jpmorganand Bank of America and City In early talks for a unified version Digital dollar To compete with the rope.

In contrast, Tether targets the global majority of banking services.

He said, “Many of our competitors say:” Oh, Tether serves this place of non -manufacturers. “

This global access is one of the reasons why Washington policymakers move quickly.

In the era of the newly appointed organizational team, Trump, the momentum has decisively transformed.

The Securities and Stock Exchange Committee, which was long seen as a greater opponent in this field, began to dismantle its first enforcement framework, which led to the destruction of the road for greater institutional participation in Crypto.

SEC Hyster Peres Commissioner said that the change had long been late.

“For many years, I have been complaining about the fact that the committee has not taken proactive steps to provide clarity, and finally, we are in a place where we can do this,” she said.

The CEO of Robinhood Vlad Teev, who was particularly meeting with SEC, says that the distinctive symbol – not only in dollars, but from public and private markets – is now within reach, even without new legislation.

“We have already been involved with the Crypto SEC work band as well as management,” CNBC told CNBC. “In fact, our belief is that we do not even need to make Congress to make a real distinctive symbol. The Securities and Stock Exchange Council can only do so.”

He watches: Vice Vice President Vice Pets Stablecoins as a new leader of US economic diplomacy