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Lawmakers are seeking feedback on the draft ahead of a subcommittee hearing on the books for Tuesday, currently titled the “Golden Age of Digital Assets.”

House Republicans drop stablecoin draft

Republicans on the House Financial Services Committee released a new discussion draft for regulating stablecoins as legislative conversations pick up in the 119th Congress.

The draft, released late today, is being led by Chair French Hill (R-Ark.) and Rep. Bryan Steil (R-Wis.). Read the 47-page bill text here, named the STABLE Act of 2025.

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