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Financial Services Committee Stablecoin Markup

April 2, 2025

 

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Rep. Meeks during FSC Stablecoins Markup

REMARKS

MEEKS: However, stablecoins are here to stay. And as I’ve said before, it’s our responsibility to establish clear rules with a high regulatory standard for issuers to meet. I talk to individuals in my district who want to invest in stablecoins, And in my role as RM of the House Foreign Affairs Committee, I've talked to our allies in developing nations on the continent of Africa and in Central and South America, they too are using stablcoins. 
 

Unlike the President’s tariff policy, I believe certainty is crucial, so companies know exactly what rules they need to follow and can plan accordingly.
 

With that, I appreciate the opportunity to express my support for the STABLE Act.

 

Full committee markup, here.