Circle CEO: Clarity Act is Not Dead

Jeremy Allaire, CEO and co-founder of Circle, stated that the company does not require the CLARITY Act to expand its operations, according to Bloomberg. Allaire outlined his vision for digital dollars and stablecoins as a potential solution for a $60 trillion cash market. He described blockchain finance as an "irreversible megatrend" and announced the launch of Arc, a platform with hundreds of participating companies.

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