Law & Policy

Now that the stablecoin bill is out of committee, what are the next steps? Is my understanding correct:

1. Senate leadership decides if bill gets standalone airtime / vote on senate floor or if hitched to another piece of legislation 

2. Senate Vote

3. Matching with the House

4. Revised bill voted on again by both House and Senate 

5. Presidents desk 

Does that cover it?

The stablecoin bill is bad. Entrenching circle and usdc is bad. Banning and outlying decentralized stablecoins which have higher safety ratings then the centralized ones is bad.