Denelle Dixon, CEO of the Stellar Development Foundation, said the US needs to regulate stablecoins to keep the dollar strong.
Denelle Dixon’s US and dollar statements targeting stablecoins continue to resonate globally. Stating that the US and the dollar will suffer if the stablecoin regulations are not implemented this year, Dixon is increasing his criticism day by day. Commenting on stablecoins and digital assets on April 11, Dixon said, “We want to set the standards. We are optimistic that the US will implement stablecoin regulations by the end of the year.” said
Regulating Stablecoins Is A Must For The US Dollar To Strengthen!
Linking the creation of a globally strong US dollar to the regulation of stablecoins, Dixon has created chaos in the crypto ecosystem with this view. Stating that he also has friendly-sided laws in cryptocurrencies, Dixon emphasized that new problems will arise unless extra action is taken on the US side.
The on-chain problems experienced in stablecoins in the past weeks have also led to harsh criticism from many officials. Aiming at stablecoin regulations to make the US side stronger, Dixon attracted attention with his clear stance on this issue.
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