Musallem advocates for a regulatory approach to stablecoins, marking their importance in payment innovations. Senator Haggerty’s legislation aims to provide comprehensive oversight, acknowledging the need as these digital currencies integrate further into financial systems.
USDC currently maintains a price of 1.00 USD with a market cap of 62.57 billion USD. Recent trading volumes indicate a 41.02% change, suggesting ongoing demand and stability within the market.
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