Jeremy Alayer, CEO of Circle and one of the pioneers of cryptocurrencies in the United States, said he is optimistic that the field will grow under US President Joe Biden, who rules in the middle. / p>
Alair appeared on CNBC's Squeakbox program on Monday, confirming that the Biden administration will push the digital currencies forward as part of a broad effort to modernize The country's infrastructure.
I think they will be supportive in the end because it is an infrastructure change of the size of the initial commercial internet, and they will focus on infrastructure changes that make the United States more competitive. .
In general, a moderate policy benefits cryptocurrencies. Alayer said: We have moderate opinions, on the left and the right, and I think they see this constructively.
>
Alair's comments followed a post on Twitter last Sunday that included similar comments about the partisan divide.
and Alair at SqueakBox specifically referred to concerns that the US left wing has taken a hard line against new financial instruments, especially stable currencies.
and he said about it: We have a view on the very liberal end of the spectrum that this is somehow not good for individuals with less access to the financial system, when in fact the opposite. It is actually true that this technology - especially stable currencies - holds promise for opening and expanding access to the financial system deeper than the current banking system.
and these comments likely point to a bill introduced last week that would ban all stablecoins that do not offer the same registrations as conventional banks, including USDC Circle Coin.
