Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead.
Why this matters
This research story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Borderless.xyz report finds stablecoin payments beat bank FX rates
Stablecoin payments' efficiency over banks could reshape cross-border transactions, emphasizing dynamic provider selection to mini...
Ripple Brings RLUSD to Cross River Bank as Garlinghouse Backs Evernorth’s XRP Strategy
Announced on October 15, the Cross River partnership integrates Ripple USD (RLUSD) into the bank’s proprietary Core Operating Syst...
Tether paid Bo Hines’ company while he was at White House, WSJ
Before Bo Hines became chief executive officer of Tether-backed stablecoin USAT, he was President Donald Trump’s executive directo...
Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report
Bitcoin Magazine Deutsche Bank To Debut Bitcoin Custody Within Weeks: Report German multinational Deutsche Bank is just weeks away...
Mastercard Taps 17B Endpoints With BVNK Stablecoin Platform Across 200+ Markets
Key Takeaways: Global Money Platform For Fiat and Stablecoin Payment by Mastercard and BVNK. Mastercard Move links to 17B+ devices...
Circle targets 40 new markets as stablecoin demand surges globally
Circle's expansion into emerging markets could accelerate global blockchain adoption, enhancing financial inclusion and digital ec...