Not with the new acts passed this last week. Only established players are in that space now (Also - this is going to get way worse now with fees devaluing the dollar that are now invisible to the average consumer).
Which acts are you referring to? Care to elaborate?
are you arguing against regulation? with the new act, there is a clear definition of stablecoins and disclosure requirements that are better for consumers than the current "trust me bro" stablecoins like USDT