Although Allaire views stablecoins as a superior option to CBDCs, he said the two are complimentary. “If central banks are going to upgrade their own systems to move away from legacy technology into more modern distributed ledger technology, that’s great,” he told SCMP. “There’s a whole bunch of things that are useful from that, but I view that as very different than the work that the private sector does to innovate on the public internet.”
The Crypto Industry’s Influence on U.S. Elections is Bigger Than Ever, Industry Insiders Say
"It’s a much more sophisticated operation," Smith said. "I feel like I used to walk around Washington, and people would...