List of Flash News about American taxpayer
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2025-04-02 16:05 |
Rep. Stephen Lynch Warns of Stablecoin Depeg Risks in STABLE Act Discussion
According to Eleanor Terrett, Rep. Stephen Lynch expressed concerns during the House markup of the STABLE Act, stating that it is a 'certainty' that stablecoins, such as the one launched by World Liberty Finance, will 'depeg and need a bailout.' He warned that this scenario would ultimately impact the American taxpayer adversely. Such statements highlight potential risks for investors and traders in the stablecoin market, raising questions about the stability and regulatory oversight of these digital assets. |