Patrick Toomey actually said...

Let us be sure that we do not stifle innovation in an evolving digital economy or undermine our own country's competitiveness.

Mr. Gensler has, I think, at times indicated that stablecoins, at least some stablecoins, may actually be securities.

Given that stablecoins disrupt the status quo, they've naturally drawn skepticism from incumbent industries and regulators.

in my view, a non-interest bearing stablecoin, fully reserved and regulated as many stablecoin issuers are today, as money transmitters, tho...