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Zach Wong 🧙‍♀️ Profile picture
Zach Wong 🧙‍♀️
@mud2monarch
Former @circle @cfpb // sab 121 enthusiast-in-chief
Jul 27, 2023 • 9 tweets • 4 min read
The House Financial Services Committee is marking up the stablecoin bill and there is DRAMA.

Lots of news is being made, but seemingly no one is paying attention. You can learn a ton by watching rare moments like this.

Let's pull out some highlights in this thread: Image Some very quick background: the HFSC is holding a "markup" on legislation that would make stablecoins federally regulated and usable by everyday businesses, financial institutions, and people. They are going to vote on the bill and amendments by Members.

The legislation would… twitter.com/i/web/status/1…