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Latest news shows that the Algorithmic Stablecoin USTC has experienced an unexpected pump. This phenomenon is closely related to the recent stablecoin bill passed in the United States.
On July 18, 2025, the newly enacted "Guidance and Establishment of the United States Stablecoin National Innovation Act" drew attention from the cryptocurrency market. The act primarily focuses on compliant, payment-type stablecoins pegged to the US dollar. Although USTC, as an Algorithmic Stablecoin, is not directly governed by this act, the market seems to respond positively. Data shows that on the day the act was announced, USTC's 24-hour rise reached 19%.
However, industry experts point out that the price of USTC has been quite volatile, and its market performance and inherent characteristics are significantly different from the types of stablecoins supported by the new US legislation. Whether USTC can continue to pump depends on multiple factors, including its ability to continuously optimize for stable pegging to the US dollar, as well as the overall development trend of the cryptocurrency market.
This event once again highlights the sensitivity of the cryptocurrency market to policy changes. While investors pay attention to short-term price fluctuations, they should also prudently assess the long-term development prospects of various digital assets. As the regulatory environment continues to evolve, cryptocurrency projects need to actively adapt to ensure their compliance and sustainability in the future.