Stablecoin bill passes U.S. Senate in milestone for crypto industry
The U.S. Senate recently passed a bill to develop a regulatory framework for stablecoins and a cryptocurrency expert says clarity on the ‘rules of the road’ would be welcome by investors.
Jillian Friedman, chief operating officer at Symbiotic says stablecoins represent the first major case of blockchain technology used as payment outside of the crypto world.
“We’re seeing stablecoins being used as a means of payment and part of, like, the global financial plumbing well outside of the crypto world or crypto trading,’ Friedman told BNN Bloomberg in a Friday interview.
Stablecoins are a type…
