Circle CEO praises US stablecoin bill in remarks prepared for Congress

2 years ago

Circle CEO Jeremy Allaire published a blog station connected June 12 featuring grounds that helium plans to contiguous to Congress regarding draught stablecoin regulation.

Those comments pertain to the proceeding scheduled for June 13 titled “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem.:

Allaire said his prepared remarks:

“The stablecoin measure is simply a important portion of authorities that should beryllium the archetypal measurement successful creating a regulatory model that builds the conditions for a vibrant and harmless integer assets market.”

Allaire said that stablecoin authorities would let for entree to the U.S. dollar portion besides ensuring information and allowing for competition.

Circle issues USDC, the second-largest stablecoin by marketplace cap.

The station Circle CEO praises US stablecoin measure successful remarks prepared for Congress appeared archetypal connected CryptoSlate.

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