Possible scenario
Rulemaking Gets Delayed
15% Chance
Treasury, the Fed, and banking regulators slow the process to resolve conflicts over reserve eligibility, state issuer treatment, and foreign stablecoin access. The delay preserves optionality for issuers but prolongs uncertainty for payment firms and crypto exchanges.
Initial impacts
- Bitcoin Down
Tickers
- HOOD-0.3%
- CRCL-0.1%
Portfolio impact
S&P 500-0.0%
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.
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