Congressional Digest

Congressional Digest December 2025 No. 10 Vol. 104
Foreword

Cryptocurrency

PROS & CONS of Stablecoin Regulation

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Foreword

Once relatively obscure , crypto has gone global. Cryptocurrency has experienced continual, rapid growth and significant price fluctuations. Between 2021 and 2022, after reaching what was then an all-time high of around $3 trillion, the market lost two-thirds of its value and fell to $800 billion. Since then, the market increased steeply again and is valued at $2.8 trillion as of April 1, 2025. The two most widely used cryptocurrencies are Bitcoin and Ether, which, as of January 2025, represent more than 65% of the crypto market capitalization. Cryptocurrencies such as Bitcoin and Ether fluctuate in value based on market…

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