I'm holding my breath for the Stablecoin Bill.

The big unknown is the CCCA Amendment, which could potentially derail the bill.

The Credit Card Competition Act (CCCA) targets the Visa/Mastercard duopoly. It would:

• Require banks to offer alternative payment networks

• Reduce "swipe fees," which cost merchants $187B annually

This would obviously be good for merchants and consumers.

But there's no U.S. democracy without lobbying. Banks, airlines, and others have lobbied heavily against the inclusion of the CCCA.

I'm not an expert, but could this derail the Stablecoin Bill? This would nuke the market.

Any insights?

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