In a commentary in The Wall Street Journal, Paul Ryan urges lawmakers to establish a “sound, predictable stablecoin regulatory framework” in the United States. He believes that the use of stablecoins can make U.S. bonds more attractive in the international market, thereby preventing bond auction failures that could disrupt market stability and harm America’s reputation.
Former Speaker of the House in the United States calls for the introduction of stablecoins in China strategy
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