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House Committee to review STABLE Act amid controversy over yield-bearing stablecoins ban – TON BOT

House Committee to review STABLE Act amid controversy over yield-bearing stablecoins ban

The House Committee on Financial Services will review the STABLE Act on April 2, focusing on a revised version introduced on March 26. The bill refines definitions, compliance mechanisms, and issuer qualifications, while maintaining provisions prohibiting yield-bearing stablecoins. Proponents argue for the inclusion of on-chain interest functionality for user adoption and economic utility.


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