Josh Gottheimer actually said...

"My draft legislation, the Stablecoin Innovation and Protection Act, would establish a definition and requirements for a qualified stablecoin."

"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."