I think is a little bit absurd.
Anthony Gonzalez: “I think is a little bit absurd.”
Editor's note · Context
Gonzalez criticizes the idea of federal-level assignment of rating agencies.
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I tend to feel like if you were to poll-test most Americans and say, hey, how do you feel about your pension assets being invested in companies that are designed to destroy your country, they would probably say, no thank you, to that.
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.
When I look at the housing market today and really for the last several years, I think what we see is a clear supply and demand imbalance which is jacking up prices.
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.





