The hype is normal with this one. Although I'm eager to see how PoR based coins do. Last time I noticed, the price dropped a bit.

To be honest, this is a serious issue that any goverment can just look down. And any approval of such degree requires rigorous background checking and shaping the policy around it. So, let's just be patient for it will come.

After the tether situation the current state of stable coin is not very positive. Tether scandal's scarring was pretty deep but recently circle and coinbase announced that they are working towards a stable coin. So lets see what happens with that.