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Navigating OFAC Compliance and Stablecoins
This chapter examines the complexities of OFAC compliance as it relates to Ethereum and stablecoins, focusing on the dominance of US dollar-backed assets in the blockchain ecosystem. It discusses the implications of regulatory pressures on Ethereum and the shifting power dynamics between financial institutions and stablecoin issuers. Additionally, the conversation explores the future of stablecoins, the potential rise of central bank digital currencies, and the role these innovations may play in responding to traditional monetary policies.
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