Name: U.S. Congress moves to regulate stablecoins amid growing global role
Uploaded: 2025-07-04T04:41:50+08:00
Duration: 2 min 56 s
Description: Stablecoins are digital assets designed to maintain a stable value, often pegged to the U.S. dollar. Unlike traditional cryptocurrencies, they avoid the extreme price volatility, making them attractive for real-world financial use. Now, the U.S. Congress

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Stablecoins are digital assets designed to maintain a stable value, often pegged to the U.S. dollar. Unlike traditional cryptocurrencies, they avoid the extreme price volatility, making them attractive for real-world financial use. Now, the U.S. Congress is taking steps to regulate stablecoins as their influence in the global financial system continues to grow. CGTN's Ira Spitzer reports.

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