The Importance of Stablecoin

The big item to watch this week is Wednesday's hearing on stablecoins by the House Financial Services Digital Assets Subcommittee. The hearing features some heavy hitters as witnesses, including Adrian Harris, the head of the New York Department of Financial Services and Dante Despartes, the chief strategy officer and head of global policy at Circle. We'll see you next week for a look at how recent bank failures will impact the discussion.