Sen. Lummis says cryptocurrency is 'sound money'

Pro-cryptocurrency U.S. Senator Cynthia Lummis stated that digital assets can bring sound money back to all Americans. Writing on X, Lummis argued that sound money is the foundation upon which the country was built and that cryptocurrency makes it accessible to everyone again, calling it something worth defending. The term 'sound money' refers to a stable currency that maintains its purchasing power, relatively safe from artificial government manipulation of the money supply or inflation.