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Crypto's Killer App Is Already Here: Stablecoins w/ Dante Disparte (Circle)

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NOTE

The Interplay Between Government Control and Compliance

Blockchain promises instant settlement, contrasting with traditional wire transfers taking longer. Stablecoins must comply with legislation like Circle's freeze authority on USDC. Government control is needed for compliance with lawful orders like freezing accounts. This balance ensures financial integrity, compliance with rules, and protects against illicit usage. Without adherence to regulations, the crypto economy risks becoming isolated and self-referential.

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