According to @MikeBacina, ongoing delays and indecision in the US Senate regarding stablecoin regulation are heightening uncertainty within the cryptocurrency markets. As reported by LinkedIn, the lack of clear regulatory guidelines is impacting trading strategies for stablecoin-related pairs and could lead to increased volatility for assets such as USDT and USDC. These regulatory uncertainties are causing traders to reassess risk management approaches and liquidity allocation in anticipation of potential compliance changes, which might affect stablecoin issuance and redemption processes. The current regulatory stalemate is a significant factor affecting short-term and long-term crypto market sentiment and trading volumes (source: LinkedIn, May 6, 2025).