Circle Internet Financial
Circle Internet Financial Logo

Mar 26, 2025

March 21, 2025

Now is the time to get US stablecoin legislation right

what you’ll learn

The US risks falling behind in financial innovation without stablecoin legislation. Learn why clear rules are essential for trust, growth, and leadership.

Now is the time to get US stablecoin legislation right

The internet is the future of finance, and stablecoins are already changing the way we do business around the world. But as the digital economy continues to move faster, lack of stablecoin legislation in the US risks holding back financial innovation. As the issuer of USDC, a dollar-backed stablecoin built in the United States, we're leading with standards we think other stablecoins should follow, like listing our reserves on our website, openly, where anyone can see them. 

Europe has already moved forward by enacting some of the most comprehensive stablecoin laws in the world. As a regulatory-first company, we are issuing our digital dollar and euro stablecoin products in compliance with the European Union's landmark Markets in Crypto-Assets (MiCA) regulatory framework.  As home to the world’s largest economy, it’s critical that the US acts to implement stablecoin legislation to reassert itself as a leader in the global financial system. 

We’re already seeing in jurisdictions with digital asset legislation, because it can provide a secure foundation for the digital economy, while encouraging innovation and adoption.

We can all move faster and go farther when the rules of finance are clearly defined and built on a foundation of trust. Our President Heath Tarbert, who also previously served as Assistant Secretary of the U.S. Treasury and Chairman of the CFTC, lays out why now is the time to get this right.

Related posts

Core Services of Circle Payments Network: A New Foundation for Compliant Stablecoin Payments

Core Services of Circle Payments Network: A New Foundation for Compliant Stablecoin Payments

June 3, 2025
Unlocking Global Money Movement: Use Cases for Circle Payments Network

Unlocking Global Money Movement: Use Cases for Circle Payments Network

May 30, 2025
​​​​​​Circle Payments Network (CPN) Mainnet is Here, Advancing Mainstream Stablecoin Payments Globally

​​​​​​Circle Payments Network (CPN) Mainnet is Here, Advancing Mainstream Stablecoin Payments Globally

May 21, 2025
Blog
Now is the time to get US stablecoin legislation right
now-is-the-time-to-get-us-stablecoin-registration-right
March 21, 2025
The US risks falling behind in financial innovation without stablecoin legislation. Learn why clear rules are essential for trust, growth, and leadership.
Company
Policy