Dossier
public blockchains
Coverage of public blockchains in the Nexus archive.
- Hyperliquid advocate and Paradigm urge US to revise proposed anti-money laundering rule
Hyperliquid-backed lobby group and Paradigm are urging the US to revise proposed anti-money laundering rules. Their goal is to prevent regulations that would limit the use of decentralized stablecoins on public blockchains.
- The CEO of the company that issues USDC just said China will probably launch a yuan stablecoin within five years. He said it in Hong Kong. The irony was not acknowledged.
Circle CEO Jeremy Allaire predicts China will launch a yuan-backed stablecoin within five years, framing currency competition as a technology-driven race. He highlights that while the U.S. dollar dominates the $315 billion stablecoin market, the next phase will hinge on payment infrastructure rather than stablecoin adoption itself.