I have heard there is a stablecoin bill being considered by the US Congress.
Do you think it will prohib algorhythmic stablecoins?
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I have heard there is a stablecoin bill being considered by the US Congress.
Do you think it will prohib algorhythmic stablecoins?
I havent looked into the bill that is being proposed by Congress but I wouldnt be surprised if there wasnt a clause that algo stablecoins have to be asset backed (and likely by US Treasuries)