Circle CEO calls for mandatory US registration of stablecoin issuers
Circle CEO Jeremy Allaire is advocating for mandatory registration for all stablecoin issuers in the US. He believes this will enhance consumer protection and financial stability. His stance comes as US regulators seek clearer rules for digital currencies. Tether, the largest stablecoin issuer, faces scrutiny as regulatory discussions intensify. The company’s Bitcoin holdings and business model may struggle under stricter regulations. US financial authorities, including the Federal Reserve and the