US leads China in ‘digital currency space race,’ crypto exec says

As the global digital currency race heats up, Circle CEO Jeremy Allaire thinks the broader stablecoin adoption expected to come with regulatory clarity from Washington can give the United States a needed edge in minting the financial system of the future.

Testifying along with five other crypto leaders at Wednesday’s landmark congressional hearing, the digital payment provider’s chief executive officer said the U.S. is beating China in stablecoin transactions with trillions of U.S….


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