Ignore the doomsayers. The USA continues to be the world’s largest economic system and can stay so sooner or later. With its international expertise pool and world-class establishments, america has a aggressive benefit in just about each rising expertise. Web3 isn’t any exception.
Regardless of its benefits, America is losing its likelihood to dominate the digital economic system. In what Messari CEO Ryan Selkis rightly calls “a colossal failure of public coverage”, the semi-official US stablecoin, (USDC), is shedding floor to its former American rival, (USDT). If policymakers do not act rapidly, America might fall behind for good.
Alex O’Donnell is the founder and CEO of Umami Labs and was an early contributor to Umami DAO. Previous to Umami Labs, he spent seven years as a monetary reporter at Reuters, the place he lined M&As and IPOs.
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