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Acting Comptroller Of The Currency Advocates For Stablecoins And Blockchain To Achieve Faster Payments

Emily Mason

Summary: Acting Comptroller of the Currency Brian Brooks argued that blockchain is a better system for handling money than the United States' current management style in a recent interview with Aaron Klein of the Brookings Institution on Wednesday, July 29. He stated that he is a believer in decentralization and moving power away from central banks, adding ...

Acting Comptroller of the Currency Brian Brooks argued that blockchain is a better system for handling money than the United States' current management style in a recent interview with Aaron Klein of the Brookings Institution on Wednesday, July 29.

He stated that he is a believer in decentralization and moving power away from central banks, adding that stablecoins and blockchain technology are the best way towards faster payments.

By Emily Mason

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