The Meta Stablecoin plan, which Democrats interrogated before the main Senate vote

Democrats in the Senate, Elizabeth, Warren and Richard Blumentel, want to explain what Stablecoin plans.

In a message The legislators were sent to the social media giant on Wednesday, and he asked the company previously known as Facebook in detail its ambitions in Stablecoin and referred to previous reports on the issues that Meta faced with fraud operations, “anti -competition behavior”, and privacy issues.

Al -Fawqiyya is considering using Stablecoins for payments, luck I mentioned last month.

“If she dominates her Stablecoin, the company can increase consumer transactions and commercial activity,” the letter said. “The huge quantities of consumer data that may be absorbed by fuel control plans can help on their platform, or the most interfering targeted ads, or help the company to neutralize sensitive special information through sales to third -party data brokers.”

The message included a list of questions, including whether Meta was considering launching its Stablecoin, whether or any entity that has been pursued for it for the Stablecoin Bill in the Senate or the Senate or submitted notes on the draft law. He also asked whether Meta would decline in exchange for an amendment that would prevent major technology companies from affiliated with or possess Stablecoin.

It also asked the company to explain how the new Stablecoin plan may differ from The unfinished balance now (Later Dim) is a dead project that leads in 2019.

“The company tried to issue its own currency in 2019-as a part of the so-called stablecoin-and met with the overwhelming opposition and international opposition.”

A Meta spokesman did not immediately respond to the comment.

The message comes on the same day when the Senate was appointed to vote on the genius law, the Stablecoin Bill. Despite the majority leader of the Senate John Thun Week He said that the authority may consider amendments to the bill Politico Earlier this week that the course of the modifications was less clear.

The bill may pass without any amendments. Senator Robin Galligo, Democrat Arizona, Tell Coindesk last week He expected 16 democratic a draft law to support the majority of Republicans, which easily removes the 60 votes of clotting.