Jeremy Allaire, co-founder and CEO of Circle, stated “the new interpretive letter establishes that banks can treat public chains as infrastructure similar to SWIFT, ACH, and FedWire, and stablecoins … as electronic stored value.”
Jeremy Allaire, co-founder and CEO of Circle, stated “the new interpretive letter establishes that banks can treat public chains as infrastructure similar to SWIFT, ACH, and FedWire, and stablecoins … as electronic stored value.”