Wu said that he learned that Vance Spencer, the co-founder of Framework Ventures, issued a document saying that the upcoming stable currency bill might restrict the international centralized stable currency issuer's access to the U.S. treasury bond bond market. He believes that this is an attempt by domestic interest groups in the United States to capture and promote through regulation, which may weaken the global hegemony of the US dollar and exacerbate the US debt problem. Spencer emphasized that the largest demand for stablecoins today comes from overseas, and continuing to adopt a hostile regulatory attitude could lead to the United States losing its dominant position in the stablecoin industry. He called for allowing more competitive stablecoin issuers to develop to safeguard the future of US dollar stablecoins, and warned that the biggest players in the cryptocurrency industry should not dominate the rules at the expense of US national interests. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=38508