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Here’s what the biggest stablecoins spent on lobbying in the US

Tether, Circle, and Paxos have all hired firms to lobby on their behalf in Washington DC but Coinbase still spends millions more.

Another stablecoin bill dies unceremoniously at hearing

At a House hearing, a draft of a new stablecoin bill was discussed along with the appropriate regulatory framework for stablecoins.

Tether is no longer required to submit attestations but does this mean that all transparency around the leading stablecoin will be lost?

Despite years of cheerleading for USDC alone, Coinbase wants to diversify into flatcoins and other stablecoins on its Ethereum Layer 2, Base.

Kraken CEO Jesse Powell has supported shadowy stablecoin Tether since 2018. Curiously, he supported Custodia and its doomed projects, too.