Rep. David Scott
@repdavidscott
The STABLE Act fails to establish clear refund/insurance rules, exposing consumers to losses w/o real avenues of redress. It also fails to provide recourse for mismanagement & fraud. If stablecoin issuers become insolvent or misuse reserves, what protections do you get? Not many.
2025-04-04T19:09:29.000Z