Sen. Lummis Urges ‘Choose Circle Over Tether’ In Stablecoin Plan

**Circle Poised for Advantage Over Tether Amid Proposed U.S. Stablecoin Regulations

In the evolving landscape of cryptocurrency regulations in the United States, a new legislative proposal may potentially tilt the competitive balance towards Circle Internet Financial, positioning it with a distinct edge over its global competitor, Tether. Spearheaded by U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.), the proposed stablecoin regulations appear to favor domestically regulated entities, promising a significant shake-up in the stablecoin arena.