David Sacks stated on February 4, 2025, Stablecoin regulation is a top priority for the Trump administration, aiming to secure the U.S. dollar's dominance as the global reserve currency
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Senator Bill Hagerty introduced the Clarity for Payment Stablecoins Act of 2024 draft. This bill aims to establish a federal regulatory framework for payment with stablecoins in the US
Sacks reaffirmed that stablecoin legislation would be a priority, citing its potential role in securing the US dollar’s position as the world’s reserve currency
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