Congress Narrows in on Stablecoin Legislation: An Analysis of the STABLE and GENIUS Acts https://t.co/kOrS27oqDc | by @tpllaw

Scott Johnsson@SGJohnsson

2 years ago

With stablecoin legislation on the horizon, and the tailwinds of an aggressive administration, we're at the beginning stages of a seismic shift in how people globally interact with their money. Where dollars go, capital markets will follow. Unprecedented and exciting times.… https://t.co/3spLSsdytk

Fed Governor Waller gave a great speech on the hurdles to stablecoin adoption, including the sustainability of their business model in low-rate environment, fragmentation of blockchains, and inconsistent reserve requirements across jurisdictions https://t.co/7Wu5RtVfaY