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

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United States has finally passed the $STABLE Act for all USD-pegged stablecoins operating in the country, such as Tether (USDT), Circle (USDC), and others. This is a major milestone for the US stablecoin industry as the US House Financial Services Committee passed the act with a 32-17 vote to bring clarity to this digital assets sector.