Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.
Brian Brooks, a former CEO of Binance U.S. and U.S. Comptroller, has highlighted the importance of a regulated stablecoin for the United States. Speaking to CNBC, Brooks emphasized that a regulated stablecoin is not just about cryptocurrency but rather the role the United States plays in the global financial system. With several governments worldwide looking to decouple from the dollar, Brooks stressed that a regulated stablecoin could help the U.S. maintain its dominance in the financial industry. This would allow the U.S. to potentially leverage stablecoins as a tool for international trade and commerce, further boosting the country’s economy.
