Legitimizes Ethereum like never before All about the new Stablecoin Act AMBCrypto News
News Source : Ambcrypto.com
News Summary
- The bipartisan Lummis-Gillibrand Payment Stablecoin Act has been introduced
- The bill addresses concerns regarding the stability of the on-chain economy
- Ryan Berckmans, a prominent member of the ETH community, believes the bill is 'extremely bullish' Jake Chervinsky, Chief Legal Officer at Variant, has expressed criticism against the bill
Berckmans sees potential for Ethereums legitimacy and market growth.Debate ensues over the bills impact on stablecoin regulation and Ethereums ecosystem.Amidst buzz abou [+2514 chars]