As Congress and US regulators develop policy around digital assets, two principal priorities should be a regulatory framework for stablecoins and consideration of a digital dollar.
Stablecoins are digital assets that are designed to maintain a stable value relative to a national currency or other reference assets. As a result, stablecoins can be used reliably as a form of payment in transactions. Stablecoins may represent one of the most viable use cases for digital assets; they have the potential to reduce settlement times for financial transactions to zero, or close to zero, and to reduce the number of intermediaries involved in financial and commercial transactions, while protecting against market volatility.
