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cryptonews 2023-08-16 09:30:00

Stablecoin Firm Circle's Chief Strategy Officer Urges Legislation Amidst USDC Market Decline

Circle is advocating for federal legislation regarding stablecoins amid the volatility in its USD Coin (USDC) after some bank failures earlier this year. In a recent interview with Bloomberg, Dante Disparte, Circle's Chief Strategy Officer, spoke out against the lack of regulations in the stablecoin industry, highlighting the risks posed to investors and the broader financial system.... Read More: Stablecoin Firm Circle's Chief Strategy Officer Urges Legislation Amidst USDC Market Decline

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