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Business & Economics

Breaking: US Passes the STABLE Act for USD Stablecoins, Tether, Circle, Other to Benefit?

CoinGape
Summary
Nutrition label

69% Informative

US House Financial Services Committee passed the STABLE Act with a 32 -17 vote.

The legislation establishes clear guidelines for stablecoin payments, ensuring consumer safeguards.

It would create a regulatory framework specifically designed for USD-pegged stablecoins.

The announcement comes at a time when President Donald Trump announced reciprocal tariffs while triggering strong volatility in global markets.

VR Score

55

Informative language

48

Neutral language

8

Article tone

formal

Language

English

Language complexity

63

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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