What You Need to Know About Biden’s Stablecoin Report


This episode is sponsored by NYDIG.

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The President’s Working Group on Financial Markets has lastly launched its much-anticipated report on Stablecoins. In this episode, NLW breaks down:

  • The PWG’s three main considerations surrounding stablecoins
  • The significance of its advice that Congress legislate stablecoins
  • The reactions of the crypto group, stablecoin issuers and politicians

See additionally: The US Treasury’s Stablecoin Report Would Treat Issuers Like Banks, however Doesn’t Address How

“The Breakdown” is written, produced by and options Nathaniel Whittemore aka NLW, with enhancing by Rob Mitchell, analysis by Scott Hill and extra manufacturing help by Eleanor Pahl. Adam B. Levine is our govt producer and our theme music is “Countdown” by Neon Beach. The music you heard right now behind our sponsor is “Dark Crazed Cap” by Isaac Joel. Image credit score: Samuel Corum/Bloomberg/Getty Images, modified by CoinDesk.