Stellar CEO Targets Stablecoins! - Coinleaks
Current Date:September 21, 2024

Stellar CEO Targets Stablecoins!

Denelle Dixon, CEO of the Stellar Development Foundation, said the US needs to regulate stablecoins to keep the dollar strong.

Denelle dixonby targeting stablecoins USAAnd dollarstatements continue to resonate globally. Stating that if the stablecoin regulations are not implemented this year, the US and the dollar will suffer. Dixon is increasing his criticism day by day. on April 11 stablecoinand digital assetsCommenting on the issue, Dixon said, “ We want to set standards. We are optimistic that the US will implement stablecoin regulations by the end of the year.” said

Regulating Stablecoins Is A Must For The US Dollar To Strengthen!

globally Dixon linking the creation of a strong US dollar to the regulation of stablecoins With this view, chaos created chaos in the crypto ecosystem. Stating that he also has friendly-sided laws in cryptocurrencies, Dixon said, He stressed that unless extra action is taken on the US side, new problems will arise.

The on-chain problems experienced in stablecoins in the past weeks have also led to harsh criticism from many officials. Targeting stablecoin regulations to make the US side stronger Dixon attracted attention with his clear stance on this issue.