US House committee releases new stablecoin bill draft

The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.
Source: US House committee releases new stablecoin bill draft (https://cointelegraph.com/news/us-house-committee-releases-new-stablecoin-bill-draft)
Would appreciate your opinion about this