Bryan Steil: “Stablecoins were existing before Genius. They'll continue to…”

“But at the same time, we want to make sure that innovation development is occurring here in the United States and making sure, in particular on the stablecoin side, that we have a regulatory framework to protect consumers. Stablecoins were existing before Genius. They'll continue to exist after Genius. The difference is inside this regulatory framework, consumers are significantly protected. And that's actually good, obviously, for consumers, but it's also good for the industry because good actors are rewarded by operating under this regulatory framework.” (05:17–05:22)

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