We just filed comments on
@USTreasury’s GENIUS Act proposal.
Two priorities from
@coinbase in this letter: (1) keep agency rules consistent with Congress’s intent to strengthen the dollar, and (2) allow U.S. platforms to facilitate cross-border payments using foreign stablecoins that U.S. customers never hold.
Thanks to Treasury and the regulators for the serious work underway to make the U.S. the home of dollar stablecoins.