Josh Gottheimer actually said...

"I released a draft of the Stablecoin Innovation and Protection Act earlier this year that would establish definitions and requirements for bank and non-bank issuers of qualified stablecoins."

"Unlike some of my colleagues on this committee, I believe digital assets have the potential to revolutionize the way we do business around the globe and I believe the United States should be a global ..."

"This legislation would reduce financial instability in markets, protect consumers, and support innovation in American fintech."

"While some stablecoins are less stable than others, I believe it is possible to establish guardrails to ensure Americans can distinguish stablecoins that are backed one-to-one with liquid assets from ..."