A new stablecoin darling and what’s next for crypto

Financial policy’s top Republicans appear to support a piece of stablecoin legislation introduced by Sen. Bill Hagerty (R-Tenn.), a notable bicameral development as lawmakers plot ambitious reforms for the digital asset sector.

Lawmakers held a press conference this afternoon outlining the federal government’s next steps for crypto policymaking, alongside White House AI and crypto Czar David Sacks. Here are some key takeaways:

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