stable currency legislation
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The Urgent Need for Stable Currency Legislation and Digital USD
According to reports, Jeremy Allaire, the CEO of Circle, stated that the United States must implement stable currency legislation and digitize the US dollar (USD) to alleviate the
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US Congressman: The US may pass the stable currency legislation in a few days
It is reported that the market turbulence caused by the collapse of the Silicon Valley Bank briefly led to the breaking of the link between the USDC stable currency of Circle and the US dollar. In response, the management team of the stable currency issuer has called on the US Congress to urgently pass the stable currency legislation. In an interview with Jennifer Schonberger of Yahoo Finance, Maxine Waters, chairman of the House Financial Services Committee, said that the legislation might be passed in a few days, and suggested that…