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Innovate NY PAC endorses Andrew Cuomo for NYC mayor, citing public-benefit stablecoins and tech initiatives as key economic drivers.
Innovate NY PAC has endorsed Andrew Cuomo for New York City mayor, highlighting his support for public-benefit stablecoins like NYC USD™ as a key reason.
The group says these digital currencies could deliver $779 million annually in economic benefits to families by boosting financial inclusion for low- and middle-income residents.
The endorsement emphasizes technology-driven initiatives including City Impact Tokens for housing and infrastructure, civic tokenization, and global STEM partnerships, aiming to drive economic growth and innovation without tax increases.
The PAC stresses its independence from Cuomo’s campaign and notes risks associated with digital finance investments.
Innovate NY PAC respalda a Andrew Cuomo para alcalde de la ciudad de Nueva York, citando las monedas estables de beneficio público y las iniciativas tecnológicas como motores económicos clave.