We know Iran is one of the, or probably is the number one funder of illicit finance. That's a really bad scenario. So although we could pick and choose and critique other legislation, we know actually that Stablecoins is a major step forward from cash transactions. And I think we need to make sure that we don't allow perfection to be the enemy of the good. Recognizing the time, I yield back. (04:56–05:01)
CLAIM
Asserts that stablecoins are an improvement over cash transactions.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
