"According to the text of the proposed bill, only U.S.-approved issuers would be allowed to issue dollar-backed stablecoins."

Ain't what we have always wanted? To depeg from the "fiat", the only fiat the rest of the world put under their cushion literally?

"According to the text of the proposed bill, only U.S.-approved issuers would be allowed to issue dollar-backed stablecoins."

Ain't what we have always wanted? To depeg from the "fiat", the only fiat the rest of the world put under their cushion literally?

https://arc.net/l/quote/ymibhsnx