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QA ONLY: Digital Payments Ecosystem - Financial Services 03-11-25
6 months ago
9
The Payment Stablecoins Act of 2023 was passed by the Senate Banking Committee. The act would make it easier for banks to issue stablecoins. A properly regulated stablecoin market can strengthen the US dollar's dominance, modernize our payment infrastructure and promote financial access without government overreach.
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This is just the direct questions and answers portion of the hearing, not commentary.
Full video at https://www.youtube.com/watch?v=9muEn64c2ek.
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