[Congressional Record Volume 171, Number 98 (Monday, June 9, 2025)]
[Senate]
[Page S3287]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
SA 2315. Ms. WARREN submitted an amendment intended to be proposed to
amendment SA 2307 proposed by Mr. Thune (for Mr. Hagerty (for himself
and Mrs. Gillibrand)) to the bill S. 1582, to provide for the
regulation of payment stablecoins, and for other purposes; which was
ordered to lie on the table; as follows:
Strike section 4(a)(11) and insert the following:
(11) Prohibition on interest.--No person may pay the holder
of a payment stablecoin any form of interest or yield, or any
other similar inducement, in connection with the holding,
use, or retention of a payment stablecoin.
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