Congress Bans CBDC, Giving USDT, USDC Four-Year Head Start

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The U.S. Congress has just handed Tether and Circle the biggest advantage in stablecoin history. The U.S. Senate recently voted 89-10 in favor of legislation that would bar the Federal Reserve from creating a digital dollar until at least Dec. 31, 2030.While China and Europe are moving toward government-backed digital currencies, why is the US …