“The launch of USST on Stellar adds another example of how open blockchain infrastructure can support institutional asset workflows and expand utility across the tokenized asset ecosystem,” - said Raja Chakravorti, the CBO at the Stellar Development Foundation.

"We can compete with each other on innovation, products, margins, revenues, but when it comes to fraud, crime prevention, we have to collaborate together," said Nauman Bashir, managing director and global head of Digital Sales at Standard Chartered Bank.

"AI alone is not everything. Human judgment is needed, accountability. Human accountability is still needed," Soon said.

“If you listen to European Central Bank officials, you'll notice their opinions change depending on the individual,” John Orchard, chairman of the Digital Monetary Institute at OMFIF, said. “But they are now willing to tolerate stablecoins on bank balance sheets and perhaps as a remittance tool, but they don't want stablecoins for wholesale settlement, which the U.S. is prepared to experiment with.”

“The Commission is said to be toying with the idea of reviewing the reserve requirements so that a GENIUS-Act-like model could exist, where the stablecoin operator might buy money market instruments from European governments instead of routing the money back into the banking system,” Orchard said.

Well, I was here before, I was there before I was in office, but the way I view crypto’s a little differently, we have to be at the top, otherwise China’s going to take it over.

Like, for instance, AI, we’re leading substantially in AI over China and everybody else. I mean, we’re leading.

President Xi three weeks ago greeted me: “Wow, you’ve really done a great job. You’ve really.” Now we have the hottest country in the world.