Innovations in blockchain and higher adoption rates have made it hard for policymakers to keep up. So-called stablecoins have played a central role in the United States cryptocurrency innovation discussion. They have evolved from a mere concept to a greater than $181 billion market over the past few years. Stablecoins are digital currencies whose value is pegged to fiat currency in an effort to stabilize its price, essentially offering cryptocurrency holders a greater sense of value stability...