Then we take questions that dollar backed stablecoin that Brian discussed, that the Senate under Bill Haggerty and Tim Scott's leadership with Cynthia Lummis and then Brian's leadership here in the House is That dollar backed stablecoin...is that tokenized payment for a bank to issue or a non bank to issue. under the same capital some same regulatory, same liquidity, same oversight guidelines. And we want that to be the best in the world. (06:37–06:52)
CLAIM
Asserts that stablecoins can be issued by banks or non-banks under regulatory guidelines.
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