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A question I’ve heard increasingly over the last couple of weeks advocating for the passage of legislation to regulate stablecoins has been: “Won’t this legitimize the industry? And won’t that growth bring systemic risk to the US market?” This is a rational and fair question,

Had fun zooming out for a bit, putting my cryptoeconomist hat on, and thinking about the future prospect of $BTC as a reserve asset. Thanks DW News for the opportunity.

🧵1/ Crypto Week delivered. From the White House to the Hill, it was a watershed moment. It was great to see our industry come together. Moments like these remind me what a privilege it is to represent CCI members and the industry. CCI is grateful to have been part of all this,

Crypto Week may be over, but the momentum hasn’t slowed - Rashan A. Colbert breaks down what’s next in Washington.

1/ There has been a lot of discussion lately about the potential use case of stablecoins for retail payments at merchants. Given every stablecoin transaction is publicly visible today, what does the onchain data show?

The U.S. can’t lead on crypto without comprehensive market structure legislation - the time to act is now. CCI is grateful for the leadership of Senator Cynthia Lummis, Tim Scott, Bernie Moreno, and Senator Bill Hagerty and is looking forward to working with them to champion this effort.

Congratulations on the great feature, Dan Spuller - glad to see you getting your well deserved love!

1/ We’re proud to announce Ji Kim as the CEO of CCI.

Greatness. For years, when I worked as a staffer in the Senate, I had this passage printed out and pinned to the wall of my cubicle. Absolutely inspiring.

Will be buying this book ASAP. Dan Wang is an extremely clear thinker generally, and absolutely world class at understanding tech/social change in China and explaining for a western audience.