It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.
![](https://rss.boorghani.com/wp-content/uploads/2022/09/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvYzAzNjAzY2UtZTYxMy00NjBiLWI4NjgtZWU4ZmY0NjNiZmRlLmpwZw-7jTdgG.jpeg)
It’s reported the bills’ definition will cover “endogenously collateralized stablecoins,” which depend on the value of an attached cryptocurrency from the same creator for it to maintain a stable price.