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Home»ALTCOIN NEWS»The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.
ALTCOIN NEWS

The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.

By Crypto FlexsJuly 3, 20252 Mins Read
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The market will select US regulatory stable coins more than CBDCS every day of CBDCS every day.
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Scott Bessent is convinced that people around the world will choose Stablecoins than CBDC (Central Bank Digital Currencies).

In a new interview with Bloomberg, Bessent creates a “interesting new payrail” in the Stablecoin division.

“Importantly, it will be the source of demand for the US financial market. We will have personal stability supported by the US Treasury with our best practices and regulations in terms of preferred in terms of global preferences.”

BESSENT encourages Congress members to pass the genius of the Senate version, and I think this bill can pass the house by mid -July.

Potential legislation must be a 1: 1 ratio for the STABLECOIN issuer.

The bill also states that the STABLECOIN issuer protection area can be composed of US currency. Funds held by insurance depositors as demand deposits or insurance stocks; Treasury bill, notes or bonds.

The Senate passed the bill last month.

https://www.youtube.com/watch?v=wu0axxujrzg?

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Exemptions: The opinions expressed in Daily HODL are not investment advice. Investors must do live action before making high -risk investments in bitcoin, cryptocurrency or digital assets. Transfer and transactions are at their danger, and the loss that can occur is your responsibility. Daily HODL is not recommended to purchase or sell cryptocurrency or digital assets, and Daily HODL is not an investment advisor. Daily HODL participates in affiliate marketing.

Created image: Midjourney

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