Republican Senator Bill Hagerty will introduce a stablecoin regulatory framework bill on Tuesday

Republican senator Bill Hagerty will introduce a stablecoin regulatory framework bill on Tuesday in response to the crypto industry's demand for clear regulation. The bill, which aims to create predictable regulatory environments for dollar-pegged stablecoins, is supported by President Trump. Industry insiders believe that regulation at the federal level will enhance the legitimacy of stablecoins and could promote wider market adoption.