FIRST MOVER: Sen. Lummis Addresses Algorithmic Stablecoin Ban in New Bill
CoinDesk Podcast Network
Regulating Algorithmic Stablecoins with One-to-One Reserves
In this chapter, the focus is on implementing a regulatory framework for algorithmic stablecoins through one-to-one reserves backed by hard assets. The discussion involves feedback from stablecoin issuers, the decision-making process behind banning algorithmic stablecoins, and the importance of educating Congress on digital asset regulation.
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