Tether CEO Paolo Ardoino excitement The US Senate Banking Committee on the very hyper stablecoin bill, which has previously passed today.
Ardoino told Bloomberg today that the bill will “unlock” for Stablecoins. “We are very excited because, as you know, in 2014, it is the company that forms the Stablecoin industry. He said.
The so -called Genius law, which aims to establish a federal regulatory framework, is now preparing to vote in the Senate.
In particular, many democrats, including Arizona Ruben Gallego, joined Republicans to support high bets. However, the leading democratic Elizabeth Warren, known for his anti -crypto stance, strongly opposed the bill.
“This is a big move in Washington today, Jeremy Allire, CEO CEO Jeremy Alli, said on social media. He said.
Ripple CEO Brad Garlinghouse commented on the latest development, claiming that a “stablecoin policy” was on the road. Enterprise Blockchain Company launched its own stablecoin in December.
Relating to
With a market value of $ 143 billion, Tether (USDT) continues to be an indisputable leader in the field of stablecoin. Circle (USDC) ranks second away with $ 58 billion. The recently launched Ripple USD (Rlusd) market value is now only $ 134 million.
