Congress wants to start with stable coin regulation and basically say, ok, we understand stable coins. They want to create the first clear set of regulations around stable coins first. And at least for the asset backed ones, which is effectively like reserve banking,. We've got a bunch of dollars in em in a big warehouse somewhere. So you know, you can trust that this stable coin, this us d c, or something like it, is actually backed by us. Dollars there.

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