Rep. McHenry gives progress report on stablecoin legislation, says it’s an ‘ugly baby’ Post author:MiamiCrypto Post published:October 13, 2022 Post category:Legislation / Stablecoin The ranking member of the House Financial Services Committee praised the bipartisanship behind the coming bill, but says there are “complex conversations” ahead. You Might Also Like ADA-backed algorithmic stablecoin Djed launched on Cardano January 31, 2023 Meta Reportedly Exploring Stablecoins for Small-Payment Use Case May 9, 2025 Ripple Highlights RLUSD’s Role in Africa’s Breakaway From Legacy Finance Chains October 3, 2025