Secure America’s Financial Strength With Stablecoins, Not Central Banks
As they say, change is hard. In a dynamic digital world, it’s tempting to protect ourselves from the pressure of change by simply refusing to acknowledge it and clinging to the status quo. But while that approach may feel comfortable, it’s a poor way for policymakers to manage a national strategy.Thankfully, there’s another way: embrace change and use it to our advantage.Jake Chervinsky is head of policy at the Blockchain Association.When it comes to stablecoins, a rapidly developing type of digital asset, Americans are at an inflection point. Many of us want to embrace stablecoins and use them to improve…