Circle CEO Jeremy Allaire says that a cryptocurrency crackdown by the United States regulators has been a major factor behind the declining market capitalization of its stablecoin, USD Coin (USDC). Circle chief’s comments on the U.S. crackdown come amid heavy regulatory scrutiny following the collapse of the FTX exchange, a banking crisis and USDC’s momentary depegging.
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The Best Tool for Designing Effective DeFi Policies Is Web3 Itself
The Best Tool for Designing Effective DeFi Policies Is Web3 Itself
