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#USStablecoinBill . USD Coin (USDC) is a stablecoin, a cryptocurrency backed by U.S. dollars or dollar-denominated assets like U.S. Treasury securities. USDC's cash assets are held in segregated accounts with regulated U.S. financial institutions and its reserve portfolio is held at the Bank of New York Mellon.

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#USStablecoinBill The bill would clarify that payment stablecoins are not securities and are not federally insured. The bill would prohibit a stablecoin issuer from tying stablecoin issuance to the purchase of another service, misrepresenting insured status, and using deceptive .

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#MarketPullback On the daily chart, bitcoin (BTC) maintains a bullish trend following a steady climb from the $74,434 level to a recent high of $97,938.2 days ago.

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#DigitalAssetBill #DigitalAssetBill The Digital Asset Bill is a significant development in cryptocurrency regulation. A crypto asset is any asset that's issued or transferred using distributed ledger technology (DLT) or blockchain technology. There are many terms for crypto assets, including “digital assets,” “virtual assets,” “virtual currencies,” “coins,” “tokens” and “cryptocurrencies.”

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