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What’s in the House Financial Services Committee’s Stablecoin Bill?

It would ban a future terraUSD, at least temporarily, and create licensing rules for fiat-backed stablecoin issuers.

Rep. Patrick McHenry (R-N.C.) (Suzanne Cordeiro/Shutterstock/CoinDesk)
Rep. Patrick McHenry (R-N.C.) (Suzanne Cordeiro/Shutterstock/CoinDesk)