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RE: U.S. Bill Would Temporarily Ban Algorithmic Stablecoins Like HBD
25
@nealmcspadden
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1 min read
Similarly, Rep. Waters highlighted the risks of stablecoins earlier this year, saying, "investigations have shown that many of these so-called stablecoins are not, in fact, backed fully by reserve assets,"
Wait until she finds out banks have no reserve assets.
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