Circle CEO Jeremy Allaire: We'll see robust credit markets on blockchain networks

Stablecoin Regulation & Safety - The industry believes bipartisan policy and administration leadership have established stablecoins as a safe, fully reserved form of digital cash on the internet [1] - The industry emphasizes the need for digital cash to be as safe as possible, especially when moving at internet speed globally [1] - Short duration treasuries are considered eligible collateral for stablecoins, alongside cash-like instruments [1] Credit Market Development - The industry disagrees with the view that stablecoins crowd out lending; instead, high velocity and utility money will drive robust credit market development on blockchain networks [2] - The industry anticipates the development of robust credit markets operating on blockchain networks [2]