Futurum Senior Analyst Olivier Blanchard breaks down the Biden Administration’s request to Congress to provide a new regulatory framework for stablecoins. Along with a synopsis of what sets stablecoins apart from other types of cryptocurrencies, Blanchard sheds light on the administration’s working group report on stablecoins, which makes the case for why regulation is needed for this fast-growing segment of the digital asset space, and provides analysis on how this may or may not play into the broader effort to regulate Big Tech.
