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Stablecoins and the Fight for a Level Playing Field

Cato Podcast

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Navigating Stablecoin Legislation

This chapter examines the legislative landscape surrounding stablecoins, focusing on the crucial role of secure reserves in maintaining their stability. It discusses specific bills such as the Stable Act and the Genius Act, highlighting their implications for issuers and the regulation of stablecoins. Additionally, the chapter addresses the challenges of equal treatment among bank and non-bank issuers, as well as issues related to transparency and the prevention of illicit finance.

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