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bitcoin
Bitcoin (BTC) $ 95,364.55
ethereum
Ethereum (ETH) $ 2,706.39
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 660.04
usd-coin
USDC (USDC) $ 1.00
xrp
XRP (XRP) $ 2.63
binance-usd
BUSD (BUSD) $ 0.984334
dogecoin
Dogecoin (DOGE) $ 0.255258
cardano
Cardano (ADA) $ 0.790759
solana
Solana (SOL) $ 176.32
matic-network
Polygon (MATIC) $ 0.315206
polkadot
Polkadot (DOT) $ 4.82
tron
TRON (TRX) $ 0.239861
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    US Congress to introduce new draft invoice for stablecoins

    Latest News

    A brand new draft invoice offering a framework for stablecoins in the US was revealed within the Home of Representatives doc repository a couple of days earlier than a scheduled listening to on the subject on April 19. The draft places the Federal Reserve answerable for non-bank stablecoin issuers, resembling crypto corporations and Circle, respectively, issuers of Tether (USDT) and (USDC).

    Stablecoins are a category of cryptocurrencies that try to supply buyers value stability by being backed by particular belongings or utilizing algorithms to regulate their provide based mostly on demand. Stablecoins had been launched in 2014 with the discharge of BitUSD.

    Draft of the invoice, together with stablecoin laws. Supply: docs.home.gov
    A part of the draft invoice outlining a moratorium on creating new stablecoins. Supply: docs.home.gov

    Proceed Studying on Coin Telegraph

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