The CEO and Executive Director of the Stellar Development Foundation, Denelle Dixon, has expressed optimism that the US will introduce stablecoin regulation by the end of the year, saying that a USD stablecoin is the way to ensure a strong US dollar globally. Dixon said that if the US doesn't introduce stablecoin regulation, it will fall behind other countries that have friendlier crypto legislation, and US consumers will still want to leverage the technology. She urged the focus to shift from technology to utility and value to users. Dixon's comments come as stablecoins, which currently represent around 10.5% of the entire crypto market capitalization, are under regulatory scrutiny. (Cointelegraph)