U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking different plaything astatine crypto-specific legislation, with a narrowly tailored measure seeking to specify however stablecoins – cryptocurrencies that support a worth with immoderate different asset, similar the U.S. dollar – volition run successful the U.S.