On Tuesday, June 3 at 1:00 p.m. ET, the Atlantic Council GeoEconomics Center, in partnership with WilmerHale, will host a conversation with US Representative French Hill (R-AR-2), the chairman of the US House Committee on Financial Services. 

After more than two years of negotiations, the US Congress is set to finalize landmark stablecoin legislation. This bill will establish new rules for the issuance and oversight of stablecoins—one of the fastest growing digital assets in the world. With 98 percent of all stablecoins pegged to the US dollar, the decisions made in Washington will have global ramifications. 

Hill, as chairman of the US House Committee on Financial Services, plays a central role in crafting digital asset policy on Capitol Hill, and he has advocated for establishing a clear regulatory framework for stablecoins. His insights will be critical to understanding the direction of digital asset regulation and what it means for the global financial system. 

To learn more about the latest research on changes in global stablecoin regulation, check out the new update to the GeoEconomics Center’s Cryptocurrency Regulatory Tracker and WilmerHale’s Crypto Currently: Crypto News Center.