US lawmakers working with Trump administration to provide Americans with dollar-backed stablecoins

From Cointelegraph
February 7, 2025 4:42:42 am:

House Financial Services Committee Chairman French Hill announced plans to collaborate with the Trump administration to provide Americans with dollar-backed stablecoins. This move aims to increase financial stability and accessibility for citizens.

Read more at Cointelegraph: US lawmakers propose stablecoin bill to boost dollar dominance