… of putting them straight on the Genius act, we added them to something called the Clarity act, which is the market structure bill. So if you think about the market, Stablecoins are currently about 7% of the market by market capitalization. and then the rest of the structure is the other 93%. So clarity is the bill that deals with market structure. (01:40–01:45)
CLAIM
Asserts that stablecoins make up about 7% of the market by market capitalization.
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