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Thursday, October 17, 2024

New Jersey U.S. Rep Josh Gottheimer: "We need qualified & defined stablecoins backed by the U.S. dollar or equivalents to help boost innovation,..."

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Josh Gottheimer tweeted the following:

"We need qualified & defined stablecoins backed by the U.S. dollar or equivalents to help boost innovation, protect consumers, and prevent runs on the market. My stablecoin legislation will do just that."
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Here are other recent tweets from Josh Gottheimer:

"Joined @SquawkCNBC this morning to talk about how my new stablecoin legislation can help prevent a run on the crypto market which hurts consumers.
cnbc.com/video/2022/05/"
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"Just last week, @Tether_to and @terra_money whose financial stability is unclear experienced runs and shocked the market."
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"The killing of Palestinian-American journalist, Shireen Abu Akela is tragic and heartbreaking.

There must be a full investigation with submission of all forensics and cooperation from all parties."
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