Political Quotes

On the recordSeptember 19, 2022
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.
Said by
Anthony Gonzalez
Republican · Ohio

Editor's note · Context

Gonzalez argues that private stablecoins can effectively support U.S. sanctions.

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I would argue that part of this is because the barriers to entry for diverse communities are much lower in crypto.

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Do you believe that it will increase the cost of credit to small businesses?

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