Le Coin / Tags / Congress
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Congress
Congress. Every Le Coin piece tagged Congress, newest first, Learning Hub dives included.
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Protocols & Policy
Le Coin analysis: A credit card routing bill could give banks a reason to pick a stablecoin lane, or a lane nobody uses
The Credit Card Competition Act would let merchants choose the network for a credit card payment. Le Coin's analysis: a covered bank will switch on the second network that still pays it. An independent stablecoin rail could pay it either way: interchange on Visa or Mastercard, distribution payments while coins stay outstanding on its platform. Debit routing shows the other path.
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