Dems should pair @RepRitchie’s bill focused on the $Trump memecoin with market structure legislation, but strip out the USD1 attack, and pass GENIUS.

No one in crypto - including rabid Trump supporters like me - would fault Dems for taking a hardline on the memecoin.

But that has nothing to do with the first stablecoin bill.

Handle it in the second bill or you are publicly retrading on a committee vote that happened a month ago on the grounds that you don’t like a memecoin launched in January. Nonsense.

Everyone wins if you split the baby.

Dems save face, Trump / GOP get a win, UST market gets a win, crypto gets a win, and Dems have a hard line on market structure they can cling to with some degree of principled argument.