<p><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvMGNjOTRhNjEtMzBjNS00OTBiLWEwMjAtZGMxMjlmZmUxMTBkLmpwZw==.jpg"></p><p>Earlier this week, new draft legislation on stablecoins came to light aimed at “endogenously collateralized stablecoins.”</p>