How do the UK and US seek to regulate stablecoins after the UST collapse?

How do the UK and US seek to regulate stablecoins after the UST collapse? (by bit4you)

Remark: TerraUSD is one of the most popular dollar-pegged stablecoins. Its capitalization tops $16 billion, according to CoinGecko. Because UST is issued via the LUNA native cryptocurrency burning process, the prices of the two assets are highly connected.

Remark: TerraUSD lost its link to the US dollar due to an outflow of assets from the Anchor protocol caused by a fall in the rate of return on deposits to 17.87 %.

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