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Wilson
@hodlhub
Speech by "Crypto Czar" David Sacks Yesterday, David Sacks, who serves as the special representative ("czar") for AI and cryptocurrencies, spoke at a press conference. During the event, he expressed enthusiasm about working on a stablecoin regulation bill. "I believe the strength of stablecoins lies in their ability to expand the dominance of the US dollar internationally, distribute it in a digital format, and potentially create trillions of dollars in new demand for US Treasury bonds," Sacks stated.
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