It also prohibits issuers from paying yield to token holders and restricts issuer activities to core functions such as issuance, redemption, and custody services.
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House introduces revised stablecoin legislation with compliance measures and developer protection
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The Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act's March 26 version prohibits stablecoin issuers from paying yield to token holders and limits their business activities to issuance, redemption, and custody
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