According to Nic Carter, a prominent figure in the cryptocurrency community, the act of a major stablecoin issuer seeking Congressional intervention to eliminate competition is highly concerning. This tactic is likened to lobbying efforts seen in other sectors, such as OpenAI's push for 'AI safety' regulations, which could stifle innovation and market competition. Carter's statement highlights the potential risks of monopolistic practices in the stablecoin market, implying that such actions could impact the trading dynamics and competitive landscape within the cryptocurrency market.