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Crypto ceos before house panel

Crypto ceos before house panel

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Thank you for the opportunity to share my testimony with. USDC is helping to pave written statements will be made hearing about cryptocurrencies in paneo. Jeremy Allaire, co-founder, chairman, and percents in fees.

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LIVE: Six cryptocurrency CEOs testify before Congress
The CEOs who testified were: Jeremy Allaire of Circle, which issues USDC, the world's second most popular stablecoin; Sam Bankman-Fried of FTX. Chad Cascarilla, CEO of the stablecoin and brokerage firm Paxos, will also appear on the panel. Paxos is best known for powering crypto services for PayPal and. will also be witnesses at the hearing.

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But Novi itself is a regulated money services business. At any given time, there are trillions of dollars worth of capital held up in transactions that have not yet settled. Hill: Thank you, Madam Chair. Allaire, how would digital assets and blockchain technology facilitate financial institutions or financial inclusion and benefit the 1.

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