America is urged to develop a bipartisan regulatory framework for stablecoins

According to Odaily, Cynthia Lummis, chair of the U.S. Senate Banking Subcommittee on Digital Assets, has called for the United States to establish a bipartisan regulatory framework for stablecoins. In a post on platform X, Lummis emphasized the urgency of this initiative, noting that the race for stablecoins has already begun and that America is currently lagging behind.