Former SEC Chairman: It is indisputable to incorporate cryptocurrencies and blockchain into the financial system, and he positively evaluates stablecoins

ChainCatcher news, former U.S. SEC Chairman Jay Clayton spoke about cryptocurrency regulation. He stated that cryptocurrency and blockchain are merely technologies, and incorporating them into the financial system is indisputable.

Furthermore, he positively commented on asset tokenization and stablecoins: "Tokenizing securities will make them more efficient than what we do today." "Truly stable stablecoins have impressed me… At the retail level, it's an amazing technology that can transfer dollars around the world." (source link)