If the stablecoin bill somehow manages to pass this Congress, the final bill will build heavily on three major proposals announced so far. While the major stablecoin proposals agree on high-level principles such as establishing readiness, disclosure, and redemption policies, details regarding who can issue stablecoins and the role of federal and state regulators remain unclear. Opinions are divided about this. It remains to be seen whether these differences will be resolved in the final months of the 118th Congress. Meanwhile, on the campaign trail, Vice President Kamala Harris’ campaign announced a new Opportunity Agenda for Black Men, which includes one of five agenda items: Included. Owning these assets is protected. ” Later this week, she made it clear that the agenda would ultimately apply to all Americans on a race-neutral basis.
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