๐ฃ Today NCA submitted comments to
@USTreasury on its proposed GENIUS Act rules for payment stablecoins.
Stablecoins are becoming part of everyday life for consumers and businesses. Our comments focus on protecting holders as the new rules take effect: giving them time to redeem, sell, or convert their stablecoins if their legal status changes, making sure stolen funds could be returned to victims, and keeping self-custody and peer-to-peer transfers protected.
Read the full letter ๐