Here is the big picture, Mr. Speaker. These bills, the CLARITY and GENIUS Acts, are about protecting American consumers, protecting investments, bringing capital back to the United States, and making the U.S. a fintech leader in payments and digital assets. Consumers are protected. The rules are straightforward. All issuers of a payment stablecoin are treated the same, with high standards and high regulatory oversight.
Discussing the CLARITY and GENIUS Acts and their impact on American consumers and the fintech industry.
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