Maxine Waters: Lawmakers ‘very close’ to a stablecoin deal: Report

"We worked something out with the feds, and I think it's OK,” Waters said of the stablecoin bill.

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United States lawmakers are reportedly closing in on passing a long-awaited stablecoin bill after months of trying to reach a deal with House Financial Services Committee Chair Patrick McHenry.

“We’re working on stablecoin; we’re getting very close,” Representative Maxine Waters reportedly told Politico on Feb. 7. "We’re very, very close — very close."

Magazine: Unstablecoins: Depegging, bank runs and other risks loom

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