“Apparently, we’ll have options for both banks and non banks,” Himes told CoinDesk in an interview. He said Chairwoman Maxine Waters (D-Calif.) and the ranking Republican on the committee, Rep. Patrick McHenry (R-N.C.), have been working together on a narrow, stablecoins-only bill, and it’s expected to establish “standards for reserves” for more than one kind of issuer.
Related posts
-
SEC’s Gensler Won’t Reveal his View on Trump’s Bitcoin Reserve, Reiterates Bitcoin Isn’t a Security
“Look at the leading lights in this field, in the crypto field just two years ago.... -
Ethena Announces UStb Stablecoin Backed by Blackrock’s BUIDL
In a thread on X, the team addressed some of these concerns, pointing out that while... -
Celo Blockchain Challenges Tron’s Leadership in Active Stablecoin Addresses After USDT Deployment
On Wednesday, Ethereum founder Vitalik Buterin cheered Celo’s progress on X, galvanizing investor interest in the...