Wyoming Sen. Cynthia Lummis, a vocal crypto supporter, said Wednesday that stablecoins should be fully" backed by cash and cash equivalents, and this should be audited regularly... Stablecoins have an important role to play moving forward."

Wyoming Sen. Cynthia Lummis, a vocal crypto supporter, said Wednesday that stablecoins should be fully” backed by cash and cash equivalents, and this should be audited regularly… Stablecoins have an important role to play moving forward.”