Anthony Gonzalez: “Barring some extraordinary unprecedented innovation, I am skeptical that we are going to achieve these targets.”

Quality of reserves, liquidity, transparency, redemption rights, these are the sorts of things we should be talking about when we are talking about well-regulated stablecoins.

So there was a recently released Grid Strategies report that says, for every $1 invested in transmission, customers see $3 in benefits.

I have always had a particular admiration for successful entrepreneurs.

If we have liquidity challenges, if the depths of our markets all of a sudden are impaired, the ability of the financial system to respond to large shocks is severely diminished.