Stablecoin Legislation Unlikely To Be Tacked To FAA Reauthorization, Democratic Aide Reveals

Proposed stablecoin legislation is unlikely to be tacked onto the must-pass Federal Aviation Administration’s (FAA) reauthorization bill despite earlier reports, a Democratic aide on Capitol Hill said Tuesday. Should stablecoin legislation fail to find a must-pass bill it can merge with, its chances of advancing may significantly decrease.

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