PolitiQuote

Discover video-sourced quotes by politicians

French Hill: “If we passed the stablecoin bill only, all you'd have is…”

Featuring: French Hill, Republican | U.S. House Arkansas, 2nd Congressional District

Watch on YouTube

Discussion on US Regulatory Framework for Blockchain and Stablecoins with French Hill and Bryan Steil

Published | Video Starts at 07:04

And we want that to be the best in the world. Which is why we're going to get this bill tightened down between the House and the Senate. But If we passed the stablecoin bill only, all you'd have is this thing called a stablecoin under US law. I mean you can do one now under New York state law, but this would give you a federal imprimatur and oversight. But where would you use it? (07:04–07:15)

CLAIM

Asserts that passing the stablecoin bill would create a stablecoin under US law.

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.


French Hill

Discover more from

French Hill

Report A Transcription Error

Please report any error in the automated transcription.

About PolitiQuote

PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

PolitiQuote is a service of Gigafact Foundation, a nonpartisan nonprofit advancing facts and information transparency, community by community.

Visit gigafact.org to learn more.