Stablecoin Outlook Anything But Stable As Regulation, Legislation Loom
PYMNTS
DECEMBER 7, 2020
The legislation would also cover stablecoins that are “denominated in United States dollars or pegged to the United States dollar, or denominated in or pegged to another national or state currency.”. Casting a Wide Net . That’s a pretty wide net, as it would cover any number of stablecoins pegged to single currencies or baskets of currencies.
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