On the recordApril 29, 2019
We need to talk about how do we remove barriers to development, which we all know is important.
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congress.govWe need to talk about how do we remove barriers to development, which we all know is important.
Gonzalez advocates for removing development barriers rather than adding costly regulations.
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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.
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.