This crypto could ‘massively’ take over banking and finance in U.S. – Nevin Freeman


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Nevin Freeman, Cofounder of stablecoin platform Reserve, joins Ernest Hoffman of Kitco News to explore the implications of Congress’ new stablecoin draft bill. They also discuss the potential for tokenized securities, the SEC’s recent enforcement actions, and why stablecoins could displace banks in the developed world.

Follow Kitco News on Twitter: @KitcoNewsNOW (https://twitter.com/KitcoNewsNOW)
Follow Nevin Freeman on Twitter: @nnevvinn (https://twitter.com/nnevvinn)

0:00 – Crypto developments
1:35 – Stablecoins used to access US dollars
3:58 – Developed economies may switch to stablecoins
6:33 – DeFi and tokenized securities
8:30 – National security risks of tokenized securities
10:24 – Congress draft stablecoin bill
25:31 – SEC regulation and enforcement

#crypto #blockchain #stablecoin
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