Tether, USDC – Is Gensler’s ‘poker chips’ analogy for stablecoins really wrong

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“The stablecoins are acting almost like poker chips at the casino right now… We’ve got a lot of casinos here in the Wild West, and the poker chip is these stablecoins at the casino gaming tables.” You might have, most definitely, stumbled upon this Gary Gensler assertion while consuming your daily news or scrolling through social […]

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