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exciting to see moves by

and others to regulate and license stablecoins by ensuring that they are backed 1:1. Stablecoins hold huge promise for payments and finance, and regulatory oversight and clarity can give them the trust and safety they need.

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@tier10k

Feb 15

STABLECOIN BILL WITH INSURANCE OFFERED BY DEMOCRAT: POLITICO

1:16 PM · Feb 15, 2022Twitter Web App

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The most important aspects of this are: 1) audit reserves 2) make sure that you don't need to be a bank to be minting them (though reserves are prob at a bank!), or we might get stuck with no one actually able and willing to issue them

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Stablecoins backed 1:1 by USD backed by...

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They are the crypto gateway...some sanity on the door step carry a huge impact backdoor.

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Hey Sam, I DMed you. Would really appreciate your reply. 10x 👏🏻

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when FTX going public

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$USDC qualifies!

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cointelegraph.com/news/regulator $ID

cointelegraph.com

Regulators are coming for stablecoins, but what should they start with?

Regulators are closing in on stablecoins, but moving ahead will take a lot of imagination from the authorities and some effort from the developer community.

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Bro can you help me

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Hear me out, all dollars are backed by an algorithm, backing a stable coin with $1 is no different than using pure math Requiring a stable coin to be backed by $1 literally is as shortsighted as banning nuclear power We need to realize these backing fallacies we hold as true

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The US’s best chance at maintaining global currency dominance (relative to other countries) is enabling and supporting massive proliferation of USD-denominated stablecoins