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Peter Schiff Slams Stablecoins Use In The US Amid Stablecoin Bill Debate

Summary by Coingape
Peter Schiff, an economist and gold advocate, has criticized the increasing use of stablecoins in the United States. His remarks come as the Senate continues discussions around the proposed stablecoin bill, known as the GENIUS Act. One of the most debated points in the bill is whether yield-bearing stablecoins should be allowed under U.S. regulation. Peter Schiff Warns Against Stablecoin Amid Stablecoin Bill Debate In a post shared on X, Peter S…
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Coingape broke the news in on Friday, May 23, 2025.
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