Future Status of US Dollar at Crossroads, in Hands of Stablecoins, Says Circle CEO Jeremy Allaire
The chief executive of stablecoin issuer Circle is urging the United States to maintain the competitiveness of the dollar by creating clear guidelines for stablecoins. During the U.S. House Financial Services Committee’s latest hearing on stablecoin legislation, Jeremy Allaire says the stakes are too high to ignore and that the US must ensure the dollar...