House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement

August 8, 2023

in Crypto

Reading Time: 2 mins read

Representative Patrick McHenry, (R-NC), chair of the U.S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7.

McHenry said in a statement:

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House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement

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House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement

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