AlfathS
@alfaths
Stablecoin Legislation Advances Amid Big Tech Concerns The STABLE Act has progressed through the House Financial Services Committee, aiming to solidify stablecoins' role in global finance. While it supports the U.S. dollar's dominance and promises lower transaction costs, critics warn it could empower Big Tech firms like Meta and Amazon, potentially compromising consumer data privacy and fair lending practices.
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dedipratama
@dedipratama
yeaa
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