Stablecoins could possibly be key to upholding US greenback’s world reserve standing: WSJ op-ed

Stablecoins are on the coronary heart of a dollar-based revolution and could possibly be a pivotal consider maintaining the U.S. greenback the dominant world forex, in response to an Aug. 9 opinion piece revealed in The Wall Avenue Journal.

The authors, Brian Brooks and Charles Calomiris, urged Congress to implement a “sound and secure regulatory framework” for stablecoins within the nation. Brooks is the previous CEO of Binance.US, former chief authorized officer of Coinbase (NASDAQ:) and served as U.S. Comptroller of the Forex. Calomiris is dean of economics, politics and historical past on the College of Austin and served as chief economist of the Workplace of the Comptroller of the Forex.

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