Anthony Gonzalez: “I personally think we need to act a bit sooner than a year and a half, but I am sure we can hammer that out.”

My contention is that private stablecoins, provided those coins are dollar-denominated and reserves are denominated in U.S. dollars, allow for sanctions to continue.

I could not agree more with that sentiment.

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.

I commend you for it.