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Frax: Building the DeFi Trinity | Sam Kazemian

Empire

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Is There Any Evidence That You Can Escape Government Regulation?

If your stablecoin is pegged to a sovereign country's unit of account, which they can issue, at size, there is no evidence that you can escape government regulation or that you should. In the next decade, you're not going to escape just being adversarial to regulation if your peg is the US dollar. That's why I think you don't have to over- comply. You basically have to be reasonable.

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