The legal framework for building a compliant stablecoin is already well-understood & well-traveled. Stablecoins in the US fall under money-transmission laws. @Gemini has already traveled this path w/ our stablecoin $GUSD. @Facebook and any other company should be allowed to also.

The legal framework for building a compliant stablecoin is already well-understood & well-traveled. Stablecoins in the US fall under money-transmission laws. @Gemini has already traveled this path w/ our stablecoin $GUSD. @Facebook and any other company should be allowed to also.

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