
Rep. Maxine Waters criticizes PayPal’s stablecoin, demands regulation on par with financial institutions
Waters said that a Republican bill favoring such assets has 'no chance' of success.
Follow stablecoin news, issuer updates, market share changes, regulation, reserve transparency, and payment adoption trends.

Huobi advisor Justin Sun has invited PayPal to issue the stablecoin on Tron.

The Circle CEO stated that 70% of USDC's adoption was majorly driven from non-U.S. markets.

McHenry used the occassion to promote the Clarity for Payment Stablecoins Act.

The high interest rate would be unavailable to U.S. citizens and VPN users.

PayPal pushes the digital currency frontier with USD-backed stablecoin, fostering seamless conversion and regulated transactions.

The Stablecoin Supply Ratio (SSR) has grown notably this year, indicating a diminishing Bitcoin buying power for dollar-pegged coins.



