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Bryan Steil: “Stablecoin usage around the globe, all underlined by the US…”

Featuring: Bryan Steil, Republican | U.S. House, Wisconsin, District 1

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Thinking Crypto Podcast with Congressman Brian Style on US Stablecoin Legislation and Digital Assets

Published | Video Starts at 11:51

As a US Policymaker, people wouldn't be concerning themselves with how maybe a day laborer in Argentina or a, an entrepreneur in Portugal is getting paid. But with the invention and with the creation of the development of this stablecoin legislation, Stablecoin usage around the globe, all underlined by the US dollar, ultimately many of these people could be getting paid in functionally in a US dollar backed stablecoin. further cementing the United States as the world reserve currency. That is a big deal for US Policymakers and for citizens in the United States of America. (11:51–12:06)

CLAIM

Asserts that global stablecoin usage could lead to payments in US dollar-backed stablecoins.

This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.


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