Although the Biden administration has recognized the importance of stablecoin regulation in the US, Dixon believes that it needs to be pushed through Congress
The regulation of the crypto industry is becoming stricter in the United States, and there is also a trend of countries moving away from the dominance of the US dollar. However, the leader of Stellar believes that regulating stablecoins could potentially address this issue.
Denelle Dixon, the CEO of Stellar, expressed her positive outlook on the possibility of regulating digital assets that are pegged to the US dollar in the United States during an interview with Bloomberg on April 11.