American senators want details on Mata Stabechoin plans because the Genius Act is close to approval
American senators Elizabeth Warren and Richard Blutenal have written to Meta seeking details on the company’s stabeloin-related schemes. The senators have asked Meta CEO Mark Zuckerberg to clarify whether the company intends to launch its stabecoin. Given its huge global userbase and US Stabelcoin-centric Genius Act, the purpose of the senators is to understand the … Read more