Pro-Crypto Congress In 2025? Experts See Stablecoins As 'Key Area For Advancement'

With expectations of a more pro-crypto U.S. Congress, potential regulatory changes could impact digital assets in 2025. Ian Horne, head of content at Money20/20's Amsterdam show, shared his views on the topic ahead of his upcoming appearance at the Benzinga Future of Digital Assets event.

Political Shift Toward Digital Assets

Horne predicts that Congress will likely become more open to cryptocurrency regulation regardless of November’s election outcomes. He pointed to Donald Trump's appearance at Bitcoin Nashville as a strong signal of cryptocurrency's growing role in U.S. politics.

"The appearance of Donald Trump at Bitcoin Nashville highlighted the importance of courting the crypto market in the U.S.," Horne said, emphasizing that the current crypto climate differs significantly from a decade ago.

Stablecoins at the Forefront

Horne identified stablecoins as a likely focal point for new legislation, suggesting they could strengthen the U.S. dollar's global presence. “One key area for advancement would be stablecoins, which may well be unexpectedly reinforcing U.S. dollar dominance,” Horne explained. He mentioned the possibility of a stablecoin bill passing before the end of the year, which could mark a major step toward broader digital asset adoption.

Engagement with Crypto Companies

Horne also pointed to Kamala Harris's outreach earlier this year to executives at major crypto firms, including Coinbase, Circle, and Ripple.

This engagement indicates a growing understanding of the digital asset industry among U.S. policymakers. "Using stablecoins and blockchain payments appears to be a good business," Horne said, expressing hope that Congress will adopt a thoughtful regulatory approach that encourages digital asset growth within a regulated framework.

As Congress considers new crypto policies, Horne's insights suggest that stablecoins and centralized exchanges could be central to the future of digital finance. Developments in Washington are being closely monitored, with potential legislation poised to shape the direction of the industry in the U.S.

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As the digital asset market continues to mature, the convergence of regulatory shifts, M&A activities, and adoption trends will define the future of this dynamic field. Benzinga's Future of Digital Assets event in New York City this November will provide industry leaders and investors with a platform to explore these developments further, offering insights into the evolving regulatory environment and the latest market dynamics.

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