In past I have covered variety of US based policies, the forms and the tax implication. And in all of that we assumed about the stablecoin and exchanges etc. But there was no law or the bill which was made for the usage of the stablecoins. But those days are changing. Trump has accelerated the process. 

Now the stablecoin act is in talks with Tether and other USD stablecoins on the bill and compliance contract on the parliament side. And there would be more state wise results of those issues being solved in upcoming times. 

Check this draft document. 

Instead of fighting the crypto trump wants to push the USD value on all the tokens and they want to push the USD stablecoins and not want other coins to take their place. So the BRICS related issues they want to counter by alllowng usage of the stablecoin. 

There are obviously concerns on the crypto usage affecting USD but also have to watch for the exchanges and the anonymous coins affecting the USD and as they dont turn out at the exchange. So it would be possible for them to fight those part of the crypto industry. Also the stablecoin usage in the gamble and the prediction market was also debated among many lawyers and the politicians. 

Where does Tether comes in here? Now that EU is taking USDC with circle and Tether has negotiated for the USA domination with thier own token being given preference. So this would help once the bill is passed. 

In short, new stablecoin policy would revive the value of the USD and there would be international impact of that back again.