Circle CEO Optimistic: U.S. on Track to Pass Stablecoin Legislation in 2021
New York City – Circle CEO, Jeremy Allaire, expressed optimism on the prospect of stablecoin legislation being passed in the United States this year. He believes that there is a “very good chance” of it happening. The introduction of stablecoin laws could have a significant impact on the cryptocurrency industry and its regulation within the country. Stablecoins are a type of digital currency that aim to maintain a stable value by being pegged to a reserve asset, such as a fiat currency like the US dollar. They have gained popularity in recent years due to … Read more