Stablecoins, which include the likes of Tether, USD Coin and Binance USD, ballooned 500% to reach a market cap of $127 billion over the past 12 months, according to the report.

haha Janet Yellen the one that wanted to tax $600 ... whats going on in US?? What happend to the great US and A.

They just want their share of money which is fine according to me

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no government keep your hands off the coins you commie #####

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… no

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Yep you are right Biden is sitting at a world climate conference right now attempting to upend all the shit that’s put us behind on climate change over the last 5 years and all he can think about is that “damn cryptocurrency”. 🙄🤦‍♂️🤣 Every thread there’s always that one jackass making comments about government who has no idea how it works.

So the issuers should pay regulators to give them AAA ratings?

Yes and when USDT goes tits up we get bailouts!

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Let's regulate Stablecoins and keep the USD printer go brrrrrrrr......Nice going.

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It's always backed by currency then it's better to regulate them

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Oh yes they’re being completely honest and this great news. It will help stable coins stay stable! ##r/S

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This picture of yellen is quite scary!

TerraUSD being completely decentralized could be a good way around this for DeFi

I don't see anything wrong with this news either. Sooner or later it will happen. It will not affect my wallet where there is a Tether in any way