🌟 Exciting news for the cryptocurrency world! 🚀
🎉 Circle’s very own Dante Disparte is set to join a US Congressional committee hearing on stablecoin payments and legislation. The hearing, titled **”Understanding Stablecoins’ Role in Payments and the Need for Legislation,”** is scheduled for April 19.
🤔 The committee will delve into the role of stablecoins in payments and whether they require additional legislative support. Testimonies will include insights gathered by various federal agencies.
📢 The star of the show will be Circle’s chief strategy officer and head of global policy, Dante Disparte. Recently, Circle’s USD Coin (USDC) faced some challenges, but fear not, it’s back on track! 💸
🌐 The upcoming hearing will shine a spotlight on stablecoins, their impact on the payment landscape, and the potential need for regulatory measures.
👀 Just before the hearing, a draft bill outlining a regulatory framework for stablecoins was unveiled in the House of Representatives repository. Circle’s CEO, Jeremy Allaire, stressed the importance of bipartisan support to ensure safe and secure digital dollars. 💪
Let’s stay tuned for more updates on this groundbreaking event! 🌈🚀🌟