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STABLE Act Bill to Create Regulatory Framework for Stablecoins in the US

  • Digital Assets and AI Subcommittee Chairman Bryan Steil and House Financial Services Committee Chairman French Hill introduced the STABLE Act bill to regulate stablecoins in the US.
  • The bill aims to create a regulatory framework for the issuance and operation of payment stablecoins.
  • Regulation is crucial for the growth and adoption of the fintech industry, and the crypto industry, worth trillions, cannot be ignored.
  • President Trump supports stablecoin regulation to increase dollar dominance, and the STABLE Act bill aligns with his vision.

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