US bipartisan stablecoin bill delayed

Lucy Frost

July 25 2022

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The proposals are expected to require stablecoin issuers to hold stable reserves such as cash or US treasury bonds to fully reinforce issued cryptoassets

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Lucy Frost

Reporter Euromoney

Lucy graduated from Oxford University and completed an NCTJ Diploma in Multimedia Journalism while interning at the Financial Times. She covers a wide range of areas including regulation, M&A and ESG. With a background in sustainability and financial journalism, she is particularly interested in the role of the private sector in the transition to net-zero.