And I am here in Jackson in part to participate in the cryptocurrency conference And Cynthia Lummis spoke yesterday. Senator Lummis spoke yesterday, did an absolutely fabulous job. She has a lot to impart in this area. The Genius act is the first effort to actually provide a regulatory and consumer protection framework for how we deal with stablecoins. And the thing about stablecoins is it's tied to the American dollar. There's already $250 billion that associated with stablecoin. That's only going to expand. (18:56–19:06)
CLAIM
Asserts that the Genius Act is the first regulatory framework for stablecoins.
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