US Congress finally broke the stablecoin deadlock: here’s what actually changed.

The Circle move is the clearest read here. That stock had nine months of regulatory uncertainty baked into it and it repriced in a day. What’s interesting is how this might affect smaller exchanges that have been quietly building out stablecoin rails — they stand to benefit from the legitimacy without the same scrutiny. BitMart has been expanding its stablecoin pairs lately so this kind of clarity in the US probably helps them too.