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Jake Auchincloss
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Stance from 2022-02-09
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Rep. Jake Auchincloss 🟧
@RepAuchincloss
The @FSCDems hearing yesterday on stablecoins crystallized three domains of risk that lawmakers must address: 1. Prudential risk 2. Systemic risk 3. Geo-economic 🧵 below ⬇️ https://t.co/h3mTYwHbN8
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Yahoo Finance
@YahooFinance
"We have to be thinking about stablecoins in particular with 3 domains,” @RepAuchincloss says. “The first domain is prudential risk, really in particular, run risk, reserve volatility risk, payment system risk.” More:
2022-02-09T17:41:15.000Z
2022-02-09T18:29:23.000Z
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Somewhat Pro-Crypto

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