Stablecoins are the best way to ensure US dollar dominance — Web3 CEO

Stablecoins are the single best tool for the United States government to maintain the US dollar’s hegemony in global financial markets, according to LayerZero Labs CEO and founder Bryan Pellegrino. In an interview with Cointelegraph, the CEO of LayerZero Labs, which created the LayerZero interoperability protocol recently chosen by Wyoming to be the distribution partner for the Wyoming stablecoin, said that the cross-border accessibility of dollar-pegged tokens makes them an obvious choice to drive US dollar demand. Pellegrino added: “Stablecoins for the US dollar are the single best tool —…

Bitpanda CEO: Trump’s Tariffs a ‘Yield War,’ Not Protectionism

Eric Demuth, CEO of Bitpanda, argues that Trump’s tariffs are primarily a strategy to lower the 10-Year Treasury Yield and facilitate the refinancing of $9 trillion in U.S. debt by 2026. Demuth: Trump Tariffs Not Protectionist Eric Demuth, CEO of cryptocurrency exchange Bitpanda, argues that U.S. President Trump’s tariff policies are less about protectionism or […] Source BitcoincryptoexchangeExchanges CryptoX Portal

American Bitcoin’s ambition is to dominate mining — Hut 8 CEO

Earlier this week, Bitcoin mining giant Hut 8 revealed a partnership that includes two members of the Trump family — Donald Jr. and Eric — and its plans to launch a new mining venture, American Bitcoin.  In an exclusive interview on Decentralize with Cointelegraph’s Byte-Sized Insight series, Hut 8 CEO Asher Genoot shared new details about the venture’s vision, why the timing was right and how the company plans to scale. The right team and the right time “We’ve thought about splitting out our Bitcoin mining and energy infrastructure businesses…

Blockchain Association CEO will move to Solana advocacy group

Kristin Smith, CEO of the US-based Blockchain Association, will be leaving the cryptocurrency advocacy group for the recently launched Solana Policy Institute. In an April 1 notice, the Blockchain Association (BA) said Smith would be stepping down from her role as CEO on May 16. According to the association, the soon-to-be former CEO will become president of the Solana Policy Institute on May 19. The association’s notice did not provide an apparent reason for the move to the Solana advocacy organization nor say who would lead the group after Smith’s…

Coinbase CEO Brian Armstrong Pitches for On-Chain Interest to Stablecoin Issuers

Key Notes Armstrong argued that permitting on-chain interest for stablecoins could provide US consumers with an estimated 4% yield. This could enhance spending, saving, and investment, strengthening local economies. Armstrong believes that enabling stablecoin interest could accelerate the use of USD-backed digital assets globally. Brian Armstrong, the CEO of crypto exchange Coinbase stated that the US legislation should upgrade while allowing stablecoin holders to earn “on-chain interest” on their holdings. He said that having such an arrangement in place would be “consistent with a free market approach”. In a post…

Coinbase CEO calls for change in stablecoin laws to enable ‘onchain interest’

Coinbase CEO Brian Armstrong is calling for legislative changes in the US to allow stablecoin holders to earn “onchain interest” on their holdings. In a March 31 post on X, Armstrong argued that crypto companies should be treated similarly to banks and be “allowed to, and incentivized to, share interest with consumers.” He added that allowing onchain interest would be “consistent with a free market approach.” Source: Brian Armstrong There are currently two competing pieces of federal stablecoin legislation working their way through the legislative process in the US: the…

‘Contrary to popular belief,’ regulation isn’t slowing tokenization — Prometheum CEO

The market for tokenized real-world assets (RWAs) is growing by the day, but contrary to belief, the biggest hurdle to broader adoption isn’t regulation, but a lack of dedicated secondary markets for buying and selling tokenized securities, according to Prometheum founder and co-CEO Aaron Kaplan.  In an interview with Cointelegraph, Kaplan drew attention to ARK Invest CEO Cathie Wood’s recent appearance at the Digital Asset Summit in New York, where she said that a lack of regulatory clarity is preventing her company from tokenizing its funds. “Contrary to popular belief,…

Blackrock CEO Says US Debt Crisis Could Propel Bitcoin as Reserve Currency Challenger

Blackrock CEO Larry Fink cautions that the United States risks forfeiting its global economic leadership to digital assets such as bitcoin if it fails to confront its mounting debt. He advocates for modernization through tokenization and decentralized finance (DeFi), emphasizing the potential to democratize investment opportunities. Fink Touts Tokenization as Fix for ‘Broken’ Finance System […] Original

BlackRock CEO warns US debt could weaken dollar’s global role to Bitcoin

The U.S. risks losing its global financial dominance to Bitcoin if the country’s deficits keep growing, BlackRock CEO Larry Fink warned in his annual letter. BlackRock CEO Larry Fink warns the U.S. dollar’s dominance isn’t guaranteed as soaring debt could push investors toward “digital assets like Bitcoin (BTC),” Fink wrote in his annual letter on Monday, March 31. The head of the world’s largest asset manager, overseeing $11.5 trillion in assets as of 2024, noted that the national debt has grown three times faster than GDP since 1989. “This year,…

Listing an altcoin traps exchanges on ‘forever hamster wheel’ — River CEO

When a cryptocurrency exchange lists its first altcoin, it sets itself up for an endless cycle of launching memecoins, warns a Bitcoin-only institution executive. “The minute an exchange adds one non-Bitcoin token, they are signing up to be on the forever hamster wheel of memecoins,” River Financial CEO Alex Leishman said in a March 29 X post. “It makes no sense to list ETH if you don’t list the tokens issued on ETH, and the same goes for Solana,” Leishman said. River has no interest in building a “successful crypto…