US Regulation for Stablecoins
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It's a great point I want to get your Take on what the CEO of circle said he Says he sees a strong chance that the US Passes laws for stable coin issues this Year Brad tell us about the stable coin And the potential looming regulation There so I think the the regulation There is appropriate I think it is the Priority uh on Capitol Hill I've spent a Bunch of time in Washington DC the US Treasury I mean stable coins 95 plus Percent of the market of stable coins is The US dollar stablecoin you have tether You have usdc and I think the US Treasury wants to see that those laws And I think they will be pushing Congress to act and I think that's That's good that's forward progress uh There are new dynamics of what stable Coins mean to uh financials kind of Settlement and so uh I think you know The CEO Jeremy air of circle is correct That that'll probably happen the first Half of this year today you there the Off ramps through typically exchanges Like coinbase that are very good actors Where I think you are able to enforce These kinds of regulations
