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			QA ONLY: Digital Payments Ecosystem - Financial Services 03-11-25
								7 months ago							
						
														9						
								The Payment Stablecoins Act of 2023 was passed by the Senate Banking Committee. The act would make it easier for banks to issue stablecoins. A properly regulated stablecoin market can strengthen the US dollar's dominance, modernize our payment infrastructure and promote financial access without government overreach.
Summary generated by AI
This is just the direct questions and answers portion of the hearing, not commentary.
Full video at https://www.youtube.com/watch?v=9muEn64c2ek.
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