Stablecoins have evolved into a key component of global payments, with the market cap doubling to $232 billion in the past year. U.S. regulation is becoming more serious, with proposed bills aiming to ensure safety without stifling innovation. Enterprises are increasingly adopting stablecoins for faster, cheaper transactions. Mass adoption and regulatory maturation are the next steps for the stablecoin market to exceed $400 billion by next year.

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