Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

source: CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data

2024. Apr. 18. 18:44

Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation, according to one of the latest bill's authors, Sen. Cynthia Lummis (R-Wyo.).

Keywords

Policy news Regulations Circle internet financial Tether USDT USDC Stablecoin legislation Stablecoins Senate Cynthia Lummis Kirsten Gillibrand