VC Firm Paradigm Urges Tailored Legislation for Stablecoins’ Unique Role in Payments
San Francisco-based crypto investment firm Paradigm recently published a paper discussing the future of stablecoins in the payment system. Authored by Policy Manager Brendan Malone, the paper argues against applying traditional banking and securities frameworks to stablecoins, emphasizing their unique characteristics and use cases. The paper begins by acknowledging that while recent U.S. Congressional proposals…