RE: U.S. Bill Would Temporarily Ban Algorithmic Stablecoins Like HBD

16d
LeoFinance
0 Min Read
58 words

As long as the crypto is asset backed, they feel it is okay. So USDC and Tether should be okay as long as they truly have their tokens backed by cash or cash equivalents.

Circle already filled for a banking license which is likely going to be the norm, at least in the US.

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