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Circle Pursues Global Regulatory Harmony, Tether Allies with Law Enforcement
The stablecoin industry has witnessed a surge in popularity, with digital assets like Tether’s USDT and Circle’s USDC leading the charge. However, the absence of clear and consistent regulations governing stablecoins has prompted these two industry giants to adopt distinct strategies to address the challenges they face.
Circle’s Quest for Global Regulatory Harmony
In the absence of a cohesive regulatory framework, these notable coins have taken divergent paths to navigate the stablecoins landscape. Circle, the issuer of the USDC stablecoin, has adopted a proactive approach, seeking guidance from US lawmakers to establish a coherent regulatory framework that can be applied globally. Dante Disparte, the head of global policy and chief strategy officer at the company, has emphasized the need for harmonized rules within the system to prevent a fragmented landscape where each country
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