Historical retrospective · Policy
U.S. agencies called for a stablecoin regulatory framework
A 2021 President’s Working Group report discussed stablecoin arrangements and recommended congressional action on issuer oversight and systemic risks.
The report treated stablecoins as payment and financial-stability infrastructure rather than only crypto trading instruments.
It helped shape the policy debate that followed as stablecoin use expanded.
A policy recommendation is not itself a statute; distinguish agency analysis from enacted law.
Primary source
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