A New York lawmaker has launched a brand new invoice that might make dollar-pegged stablecoins authorized tender as collateral.
Partisan accountwhich on Might 10 launched by Latrice Walker, Democrat of New York state, particulars pre-existing bail bond cost strategies, together with money, insurance coverage bonds and bank cards, and seeks so as to add “fiat-backed stablecoins” to the listing.
Proceed studying Coin Telegraph.