According to the author, stablecoins are driving a monetary revolution, with annual transaction volumes reaching $35 trillion, indicating growing use in payments and crypto trading. US legislation mandating full asset backing could enhance stability, reducing volatility and boosting liquidity for cryptocurrencies like BTC and ETH, as cited in the article. This regulatory shift may attract institutional investment into DeFi, influencing trading strategies.

According to Nic Carter, government actions in the EU and US are perceived to protect commercial banks by restricting stablecoins. In the EU, stablecoins face de facto bans, while in the US, the prohibition of interest on stablecoins diminishes their appeal. These measures may accelerate the movement of funds out of traditional bank deposits, potentially affecting liquidity and customer retention in the banking sector. This trend could lead to increased volatility in both the banking and cryptocurrency markets, as capital shifts in response to regulatory environments (Source: Nic Carter via Twitter).

According to MistTrack_io, certain regulatory conditions or considerations discussed are only applicable within the United States. This indicates that international traders might not be affected by these specific US regulations, potentially allowing for different trading strategies or compliance requirements outside the US.