The former chairman of the United States Commodity Futures Trading Commission (CFTC), Timothy Massad, highlighted the importance of government attention being paid to the stablecoin ecosystem in an interview with CNBC.
On July 24, Massad told the CNBC interviewer that he sees stablecoins as a bridge between “the crypto world and the real world,” and that governments should not view them as a fad fated to disappear.