The Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act's March 26 version explicitly excludes securities, deposits, and credit union accounts from the definition of “payment stablecoin” to provide legal clarity on qualifying asset

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Mar 26, 2025 - 12:00am

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The updated bill explicitly excludes various financial products, such as securities, deposits, and credit union accounts, from the definition of “payment stablecoin.” This exclusion gives developers and institutions greater legal clarity on what qualifies under the act.