<ul><li>US Senator Kirsten Gillibrand supports stricter regulations and protections for stablecoin issuers.</li><li>She warns against diluting the stablecoin bill and weakening its provisions.</li><li>Gillibrand argues that allowing stablecoin yield products could harm local banks.</li><li>She emphasizes the need for a robust backing and clear rules for consumer protection in stablecoin issuers.</li></ul>

Stablecoin Surge Threatens Traditional Banking, Senator Gillibrand Warns Against FDIC Protection

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