According to Tom Emmer, the STABLE Act is crucial for maintaining the U.S. dollar's dominance in global transactions, which is significant for cryptocurrency markets as it reinforces the dollar's role in stablecoin backing. This legislation, supported by Representatives Bryan Steil and French Hill, aims to regulate stablecoins, ensuring they are backed by the dollar, thus potentially impacting crypto trading by providing stability and trust in dollar-pegged digital assets.

According to Michaël van de Poppe, despite the current Bitcoin price crash, the fundamental thesis of Bitcoin as a store of value and hard money remains unchanged. He highlights that many traders are inclined to sell due to market volatility, yet he advises against holding U.S. Dollars due to inflation concerns. This perspective suggests a long-term trading strategy focusing on Bitcoin's inherent value propositions. [Source: Michaël van de Poppe on Twitter]

According to Paolo Ardoino, Tether has reiterated its commitment to providing U.S. dollars through stablecoins to billions of unbanked individuals worldwide. This initiative emphasizes Tether's role in extending financial services to those without access to traditional banking systems. As regulatory discussions around stablecoins continue, Tether's focus on financial inclusion could influence market dynamics and adoption rates.