On Thursday, Congress delivered a landmark victory for the cryptocurrency industry by passing the first federal legislation to regulate stablecoins, paving the way for broader adoption of this technology in everyday finance. The bill, supported by Republicans and championed by President Donald Trump, establishes federal or state-level oversight for dollar-pegged tokens that can circulate across platforms 24/7. Supporters say this could unlock faster, cheaper payment methods and bring legitimacy to a market currently valued at $265 billion, which Citigroup analysts predict could balloon to $3.7 trillion by 2030.