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Lawmaker alleges Trump wants to replace US dollar with his stablecoin

Cointelegraph.com NewsCalifornia Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by a family-backed company.Addressing lawmakers at an April 2 hearing, Waters said Trump had used his position as president to… 

​California Representative Maxine Waters, ranking member of the US House Financial Services Committee, used her opening statement at a markup hearing to criticize President Donald Trump’s business and ethical entanglements with the crypto industry, including the launch of a stablecoin by a family-backed company.Addressing lawmakers at an April 2 hearing, Waters said Trump had used his position as president to… 

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