Stablecoins are no longer just a technology topic: they are becoming a regulatory issue.

On September 24, the U.S. Federal Reserve proposed new rules for dollar stablecoin issuers, covering reserves, capital requirements, and oversight of certain banking activities.

These are still proposals, not final rules. But they show that authorities are seeking to bring these assets into a more clearly defined financial framework.

How can users be protected without slowing innovation?

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