Bitwise: The US Stablecoin Bill may trigger a long-term bull market, and assets such as ETH and SOL may benefit

Odaily News Bitwise Asset Management pointed out in its latest report that the advancement of stablecoin legislation in the United States may become one of the most important regulatory events in the history of the crypto industry, and is expected to trigger a crypto bull market that will last for several years. Matt Hougan, the company's chief investment officer, said that the importance of this legislation may even exceed the Bitcoin spot ETF approved in January 2024. Bitwise believes that if the bill is passed, the assets that benefit the most may include Ethereum (ETH), Solana, Uniswap and Aave. The bill received a final vote in the Senate on Monday and is expected to become the first crypto legislation in the United States in the summer. (CoinDesk)