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Areeba Rashid

HyperEVM Live: The Secret to Hyperliquid’s Fast, Secure DeFi Future

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  • HyperEVM integrates with Hyperliquid’s consensus to improve security and efficiency across Layer 1 networks.
  • HyperBFT consensus in HyperEVM boosts blockchain security, speeding up transactions without multiple validation layers.
  • Hyperliquid launches HYPE token and WHYPE contract, supporting DeFi and spot exchanges on both Layer 1 and HyperEVM.

Hyperliquid has come up with the HyperEVM to increase performance on blockchain solutions . The system created by the Hyper Foundation is combined with Hyperliquid’s consensus, which is different from other isolated EVMs. This makes the system more compatible with Layer 1 networks. It enhances security for nodes in the platform while also increasing the efficiency of different nodes in the platform.

HyperEVM’s greatest benefit is that it has its own unique consensus algorithm in the HyperBFT. This makes it possible for the increase of security on the blockchain for all the transactions that are to take place. The given scheme does not also require multiple layers of validation as a means of accomplishing the intended goal. This accelerates the process at the same time ensuring integrity and security of decentralized applications (dApps) and other network occurrences.

In the subsequent step, developers will be involved in review process in Hyperliquid. These are to enhance the tools provided in Hyper EVM. The latter is always required to ask developers to make recommendations on how the system’s performance can be improved further. Subsequent releases will also enhance HyperEVM capabilities for the transaction of ERC-20 tokens and precompiled contracts for developers.

Bug Bounty Program Launch

Besides these advancements, Hyperliquid has launched a bug bounty program. This type of programme offers bonuses to people for identifying bugs in the HyperEVM code. It promotes sound practices and enhances security for the platform. This way Hyperliquid’s approach will always keep the ecosystem protected from vandals or other threats that may be facing him/her.

HYPE has also been launched by Hyperliquid to complement the ecosystem that is being developed to support the same. HYPE serves as the gas token for transactions and operations within Hyper EVM. Moreover, a new contract has combined which is known as WHYPE. This contract is for DeFi application regarding Layer 1 and HyperEVM spot exchange.

HyperEVM’s Market Impact

HyperEVM comes at a point of defining inflection for Hyperliquid. Since it was launched in November 2024, the HYPE token of the platform has experienced a 638% increase in value. This growth can help put the company in a vantage position whereby it competes effectively in the already existing cryptocurrency market. More benefits in the financial services provided by Hyperliquid include their features such as the Assistance Fund. The Assistance Fund provides users with security in the case of, or when, there has been a breach of security or low liquidity.

Hyperliquid is still likely to grow because of HyperEVM, which has now made its debut. All users of the new system will benefit from the reinforcement of the platform and the improvement of the blockchain technology. 

Ethereum’s Technical Crossroads: Can It Overcome the Bearish Trend?

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  • Pressure mounts on Ethereum as it fails to break key resistance, signaling potential for further bearish trends in the market.
  • Over $1.5B lost in open interest suggests Ethereum’s weakening demand, indicating a possible continued decline in its value.
  • A “Death Cross” on the charts raises concerns as Ethereum faces heightened market risk and uncertain price movements ahead.

Ethereum is under a lot of pressure in the current cryptocurrency market and is currently hovering around $2,695 at the most recent check. However, ETH has not been able to move past key resistance levels, which makes it vulnerable to bearish pressure in the proceeding weeks.

Ethereum Faces Declining Demand

Daan Crypto Trades pointed out that ETH is now in a full retracement since the open interest declined. A total of over $1.5 billion has been eroded from the market, thus erasing the earlier made gains in the price fluctuations. This sudden drop indicates that the market is getting worse and that in the lack of demand for Ethereum, the price may continue to decline.

This is because consumer demand for the shares is lacking that is making the market to remain bearish. Daan further noted that even small spikes have not been enough to bring out big buyers in the price especially the long ones. Therefore, it will be seen that the price of Ethereum is poised to decline and that a cyclical shift in market risk sentiment will exacerbate general aversion among traders.

Over the last few days, the volatility of ETH has decreased to 2.04% over the course of a single day. It has shed 0.11% in the past week, and after the one month it has depreciated by 15.49%. Year to date, it has lost a considerable 20.16% which adds more fuel to the bearish trend expected for the altcoin. This subdued performance has continued over time and as a result many have started to fear for the future of ETH.

Bullish Hopes vs. Bearish Risks

However, there is a faint light at the end of the tunnel regarding the technical analysis in the market. The MACD histogram is above the red line, and the green bar has a high volume, which means that it can be short-term bullish. However, for ETH, The ‘Death Cross’ is confirmed on both 50 and 200 Exponential moving average, which suggests an elevated risk in the market.

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Source: TradingView

In the bullish scenario, Ethereum can go back to the level of $2,870 or even jump to $3,272. On the other hand, if the bearish pressure persists, the ETH price may drop as low as 2530 or even as low as 2175 in the next several weeks price level which will be of great concern to traders.

Ethereum’s technical perspective remains bearish at the moment, and thus, the crypto may remain under pressure unless demand increases once again. Therefore, traders will have to be on the lookout, similar to monitoring the market mood, to determine Ethereum’s next course of action.

FTX Bankruptcy Saga: How 11.2 Million SOL Tokens Will Impact Solana’s Market

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  • FTX’s bankruptcy saga intensifies as 11.2 million SOL tokens worth $2.06 billion are set to be unlocked on March 1st.
  • Three auctions sold 41 million SOL, with Galaxy leading at 25.52 million SOL, yielding a 187% return.
  • The final 11.2 million SOL unlock could spark more volatility in the Solana market, impacting FTX’s restructuring.

The FTX Bankruptcy saga takes the next twist as 11.2 million SOLs, worth $2.06 billion, are about to be unlocked. This will happen on 1st March, following the sale of SOL tokens in previous auctions that have caused quite a stir within the crypto industry.

FTX’s SOL Auction Success

SOL tokens linked to the Solana platform have emerged as the focus of assets to be sold off at FTX trading platform. Three successful auctions were conducted and the total volume of exactly forty-one million SOL was sold, and some institutional investors appeared in an attempt to get as much as they could. These auctions have help creditors of FTX obtain liquidity and increase great volatility by the Solana market.

The latest round saw Galaxy emerging the biggest buyer after buying 25.52 million SOL at an average of $64. At the current market value of SOL, Galaxy made an astonishing return of 187% and that could simply be attributed to the high-risk investments characteristic, of such sales.

The second largest single purchase was of 13.67 million SOL acquired from Pantera Capital and other clients at $95. This acquisition may offer a lower return rate compared to Galaxy at 93%, however, their confidence in Solana’s market growth is still high.

Figure and other buyers also remained in third place buying 1.8 million SOL with an average price of $102. Their return rate is at 80%, due to high volume risk rewards caught by those that have engaged in high crypto acquisitions as FTX collapsed.

Solana’s Market Outlook 

The final 11.2 million tokens would be unlocked in a few weeks, and this may cause more fluctuations in Solana’s market. While some may see this as a chance to strengthen their presence in SOL, many will be observing closely to see how it affects the restructuring process of FTX .

While it is still a challenging experience learning from it, these cryptocurrencies remain a significant concern to creditors, investors, and analysts. Such a high-profile auction has the potential to draw more attention to this industry as well as have a profound impact on the whole crypto market.

Ethereum Vs. Solana: Is Ethereum Finally Winning the Stablecoin Battle?

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  • Stablecoin reserves on Ethereum surged by $1.1B, while Solana’s dropped by $772M, signaling Ethereum’s rising dominance in the market.
  • As Ethereum narrows transaction cost gaps with Solana, it becomes a more attractive platform for secure stablecoin transactions.
  • With gas fees falling below 2 gwei, ETH continues its push to reduce costs and solidify its position in the DeFi ecosystem.

According to Lookonchain, Ethereum-based stablecoins have strengthened their position in the market; reserves of USDT and USDC have added $1.1 billion within the last week. At the same time, Solana saw its stablecoins reserves reduce by $772 million in the same period. This development could be seen as signifying the coming of ETH’s era in the digital asset market and its ability to shift the flow of funds in the larger crypto market.

The data reveals that ETH is being used for stablecoin transactions, enabled by the platform’s stability and security even as Solana emerges as a competitor. Following the sharp increase in the stablecoin reserves, ETH is gradually becoming more popular with users targeting to store and exchange digital USD securely.

Ethereum Fee Optimization

One of the main reasons for this trend is the reduction of transaction costs’ divergence between Ethereum and Solana. ETH has always had higher transaction fees than that of Solana, especially when the network usage is high. Analyst  Concor has made it clear that the average cost of an ETH transaction cost only $0.28 more compared to Solana in the past weekend and this is very different from previous years where ETH so expensive.

A comparison of the transaction costs in mid-2022 established that Ethereum was costlier by $3,500 per one-hour transaction as compared to Solana at the height of the Otherside mint. The last year has seen Ethereum users incur a transaction fee between $20 and $70, which makes Solana cheaper to use. It further implies that ETH is gradually optimising its fee structure: a factor that may see new users shift from cheaper options.

Lower Gas Fees Milestone

Also, ETH achieved a significant event: the gas fees decreased below 2 gwei for the first time over the weekend. This is 15% less than the prior low it set for ETH, which is indicative of its constant endeavors to expand and make transactions cheaper.

Ethereum continues to outdo itself due to the increased reserves of stablecoins and reduced transaction fees within the blockchain environment. All these could go a long way in ensuring ETH cement its position in the DeFi and broader cryptocurrency sector as more users seek for more secure and cheaper ways to hold and trade their cryptocurrencies.

Can PEPE Hold $0.0000092 Support or Will It Face a Major Drop?

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  • PEPE is at a crucial $0.0000092 support level; a break below may lead to a drop toward $0.0000032.
  • A bounce from the $0.00001107 Fibonacci level could trigger a bullish reversal and push PEPE toward $0.00001340.
  • With PEPE’s price near $0.0000101, failure to hold could cause further downside, testing lower support levels.

The bulls and bears currently engage in a battle for PEPE and the token is at a crucial support level which stands at $0.0000092. In a recent price analysis shared by Ali Martinez on X, the analyst is expected that the outcome of this level will define further movement of the meme coin. Should the price of PEPE remain above this point, there is a possibility of a reversal and an upswing. On the other hand, a breakdown below this level may lead to a shift to even lower prices probably falling as low as $0.0000032.

PEPE Trend Analysis

The further analysis reveals that PEPE is trading in an increasing trend channel, while other indicators like Fibonacci retracement levels also help in determining support and resistance levels. A significant level is the 0.5 Fibonacci level which is currently at $0.00001107. Should the price bounce back from here, the outlook could turn bullish and the price might surge to the 0.382 level at $0.00001340 which is a key resistance level.

On the other hand, the price has already protruded near the 0.618 fib level at $0.0000101. This level is rather important as here one can identify potential lower trendline within the upward trend channel. If this price is not sustained, there will be pressure to a lower range that has potential support at $0.0000092 and the most significant support floor at $0.0000032.

Support Levels at Risk

The same is also illustrated in the analysis section meaning that a breakdown of the trend could occur with the first line of defense being at the 0.786 Fibonacci level at $0.00000696. A break below this level will extend the bearish outlook and may lead to a plunge to even lower support levels in the short term.

It  is apparent that PEPE is quite unpredictable, with the token’s value fluctuating over the past months. This has made the price key in the eyes of the traders and investors as they wait for a breakout or a breakdown to happen. Currently the price action gives a critical look at the future of PEPE with the daily $0.0000092 level being key to determine whether a recovery can be expected or further decline is in stores.

The analysis shows that there is a lot of room for a bounce if this particular support level is going to hold, however this means that there is very high probability for a sell-off as well. Overall, it would be up to PEPE to hold important support levels and avoid more selling pressure in the future.

Shiba Inu (SHIB) Whale Surge: Is SHIB Heading for $0.00002?

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  • Whale activity for Shiba Inu surged 92%, with $46M in transactions, raising questions about a potential rally to $0.00002.
  • SHIB has gained 48% since the last market crash, with whale accumulation and Shibarium developments fueling bullish sentiment.
  • SHIB faces resistance at $0.000017, and a breakout to $0.00002 could signal a 17.77% rise, but caution is advised for potential reversals.

Shiba Inu (SHIB) shows immense potential for a big price movement in the near future. The whale activity for SHIB has been increased by 92% and in a single day, 24 large transactions worth $46 million were recorded. This surge in the whale transactions has made some people have more questions about the future of the coin. Is SHIB on its way towards the price of $0.00002, or is that just another memecoin madness?

SHIB has increased by 48% since the last crash in the market. There is a likelihood of a rally as suggested by the whale accumulation. Recently, a number of large funds have invested in SHIB, which means that it can go up in price at any time. Along with whales, developments of Shibarium are also on the rise in the Shiba Inu community. In its ongoing Bull Run, SHIB could find the answer to mobility in any of these advancements.

Shiba Inu Crucial Resistance Level

At the time of writing, SHIB is hovering around $0.000017 level that can be deemed as a crucial resistance level. After several days of convergence, it has not been possible to break through this level. In fact this resistance also coincides with it with the 20 day of the Bollinger Bands. The median line is vital to the movements of the price of SHIB. In the case when SHIB breaks out above this level, it can be directed towards the upper Bollinger band, which is $0.00002.

A rise to the upper Bollinger Band would mean an increase of 17.77 percent in the price. This in particular will act as a bullish signal since it would breach higher resistance levels. Still, traders should be careful should the price advance to the upper band. Probably, this may bear the signs of a potential “flip” in the prices.

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Source: TradingView

If it is not able to move past the resistance then the price may decline. The lower Bollinger Band is $0.000014, and it is 15.27% below the current price. A fall to the lower band indicates that Shib can turn oversold hence having a bounce back opportunity. This may prevent more losses in the event.

Impact of Burn Rates

Nevertheless, the Shiba Inu community is continuing to indicate negative signs concerning the token burn. SHIB burned only 708,198 in the last 24 hours, representing a 95.04% decrease in the prior burn rates. For the past week, the burn rate was down by 20.77% of the total with only 58,303,050 Shiba Inu coins that were burned. This decrease in burns may put extra pressure on the price of SHIB in the forthcoming days.

Due to the volatility of the Shiba Inu coin, which has bounced between support and resistance levels, there is keen focus on the price of SHIB. Based on the formation of Bollinger Bands one can deduce that this was a high likelihood for a large movement in price. The direction, however, remains uncertain. The prospects of SHIB bouncing above the resistance level or falling down depend on how it will handle the support and the resistances figures. The price swings of SHIB have remained volatile in the last few days, and the succeeding days will define its trend.

Michigan Joins the Crypto Revolution with New Bill for State Bitcoin Reserve: Report

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  • Michigan’s House Bill 4087 proposes a state Bitcoin Reserve, allowing crypto investments from Michigan’s general and stabilization funds.
  • The bill grants Michigan’s state treasurer up to 10% in digital assets investments, with future regulations left to state discretion.
  • Michigan joins 20 states exploring crypto reserves; Texas recently filed a similar bill, while North Dakota rejected such legislation.

The state of Michigan has recently seized the possible idea of accepting Crypto through House Bill 4087, which aims to form the state Bitcoin Reserve. In the House of Representatives on February 13, two legislators, Bryan Posthumus and Ron Robinson, introduced the bill that in its turn proposes modification of the Michigan Management and Budget Act to enable the investment in cryptocurrencies.

If approved, the bill will allow the Michigan state treasurer to invest up to ten percent of the state’s general fund and the economic stabilization fund in digital currencies. Instead, it leaves the regulation of which cryptocurrencies may be included to the discretion of the state in the future investments. Furthermore, the bill permits the state to invest its digital assets even if the investment does not increase its risk exposure while generating possible revenues from the digital currencies.

Following Texas’ Crypto Model

The Michigan pension fund has invested in Bitcoin and Etherum through the operating ETFs, showing the state’s increasing interest in digital currencies. Posthumus, one of the bill’s sponsors, acknowledges that Michigan can effectively set an example for the rest of the United States in terms of the development of regulation. He noted that Michigan ought to follow the suit of Texas in developing a comprehensive crypto reserve plan, particularly a law that would make Michigan a global hub.

The bill also outlines a plan for the establishment of the state-backed stablecoin called “MichCoin.” Posthumus indicated that MichCoin could be ‘backed’ by gold and silver for a fixed amount in Michigan to ensure that its value is real and has a back up of the elements seen as valuable.

Crypto Adoption Expands

Michigan is not alone now, as 20 other states are also considering the reserve legislation. Like Michigan, Texas has also passed a similar bill one day earlier and it also actively seeking opportunities to integrate digital currencies with state investment portfolios. However, North Dakota remains the only one of them that has refused to pass such a law.

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Source: Bitcoin Reserve Monitor

With the increase in use of cryptocurrencies, more states are starting to consider possibilities of incorporating digital currencies into their economy. Michigan’s proposal shows that it both wants to be involved in the participation and development of state-level crypto investments.

Ripple (XRP) Price Surge: Is $3.40 Within Reach for Investors?

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  • XRP is showing upward momentum, with key resistance levels at $2.75 and $3.40, potentially surpassing $3.00 soon.
  • Technical analysis suggests an ‘M’ pattern with a bearish target of $2.21, but market makers’ influence may skew chart data.
  • XRP’s current bullish trend hinges on breaking $2.75, with a move above $3.40 likely to attract more traders and further price gains.

XRP price movement is on the rise which indicates that there may be a higher possibility of it exceeding $3.00 again and it has two critical resistance levels $2.75 and $3.40. From technical analysis conducted by Egrag Crypto, the cryptocurrency has reached $ 1.77, where it has formed the ‘M’ pattern and this indicates a bearish target of $ 2.21. Nevertheless, the analyst notes that the focus on the specific chart patterns may have the effect of obscuring the picture and such factors as market makers.

Impact of Market Makers

He went further explaining that contracted parties like the market makers who how use leveraged positions to bring about changes can lead to fluctuations and confusion. These factors can sometimes skew the charting data hence the importance that the traders have to be aware of how these players influence the XRP altcoin. This perspective is the extension to the traditional technical analysis approach.

As of press time, token is in an upward trend and is traded at $2.73, which is 12.70% higher over the past day. However, for the bulls to hold the stand and a clear confirmation of the bull’s breakout then coin must remain above the $2.75 mark. Failure to do so could push the price back down and restrict any immediate increase. If XRP will be able to break through this level, it could mean the beginning of a much higher increase in price.

XRP Key Levels for Breakout

Egrag anticipates that the price of token may possibly hit the $3.40 price level, a significant level in their price trend. XRP’s price is likely to rise above this level and, therefore, continues the bullish run as more traders and investors get attracted to the asset. This price level considered one of the most important supports to continue rising due to new phase of buying signals.

With XRP giving bullish indicators to the price and showing a high volatility traders are looking forward to see the prices to break $2.75 and $3.40. A breakout past these levels would not only push the price up further but also increases market activity since more people would be interested in the asset. But, the effect of the market makers and the existing market trends will continue to predict the future price movement of token in the coming weeks.

Binance Coin (BNB) Reclaims Fifth Spot, Surpassing Solana: Can It Maintain the Lead?

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  • Binance Coin (BNB) regains 5th place in market cap, outperforming Solana as transaction fees surge by 115% in one week.
  • BNB Chain’s 2025 strategy includes cutting block time to under 1 second, enhancing transaction speed and user experience.
  • AI-powered wallets and gasless transactions are set to enhance BNB’s accessibility and further boost user engagement.

Binance Coin (BNB) has once again regained its status as the fifth largest cryptocurrency by market capitalization surpassing Solana as its market cap recorded a decline. In the last 24 hours, Solana saw a 9.83% uptick in the market cap, and for a short while, the value reached $100 billion before a 2.7% tradown to $93.56 billion. Binance Coin, on the other hand, tends to be on the rise, and its market movement suggests a growth in the transaction fee – up by 115% in a week.

2025 Strategy for BNB Chain

The key aspect of this revival is the advancement of BNB Chain, Binance’s blockchain platform, which has been steadily improving the productivity and usability. According to BNB Chain’s 2025 Roadmap, there are further development goals, including decreasing the block time down to under one second from the current three. This enhancement will increase the current handling rate of transactions on the platform while also making the platform more convenient to use.

Moreover, the BNB Chain plays a significant role in achieving reachable goals, including the elimination of transaction fees in future applications. With this kind of upgrade, users will be able to settle transaction fees with any stablecoin or any token, that operates on BNB Chain based on BEP-20 standard.

AI Integration in Binance Coin (BNB) Wallet

Binance Coin is priced at $707.83 showing an 8.97% upsurge within the past one day, thus, showing that investors have confidence in the digital token. However, it is necessary to note that such innovations as, for instance, smart functional wallet based on artificial intelligence are being introduced. 

Apart from that, this wallet’s result will not only be a storage for private keys but will also contain various features like the payment for the gas fees. BNB Chain is also set to integrate AI systems in portfolios, the comparison of prices, and the trading process to make it more efficient and appealing to the users.

All these developments can be seen as a sign of intent and thought process that places BNB Chain in a better strategic position as it attracts more users and developers. With all these developments in place, it is highly possible for Binance Coin to continue with the upward trend and strengthen its position in the market in the remaining months of the year.

Stablecoins: Waller’s Solution to Boost Retail and Cross-Border Payments, Report

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  • Waller endorses stablecoins as a way to expand the US dollar’s reach and revolutionize payments.
  • Stablecoins can optimize payments and savings, especially in regions with high inflation rates.
  • Waller calls for clear, fair regulations to ensure stablecoin growth while maintaining market security.

Federal Reserve Governor Christopher Waller has also endorsed stablecoins as one way of increasing the coverage of the US dollar further. Speaking at a conference in San Francisco, Waller said that he wanted governments to pass new rules that would enable banks to issue digital currencies tied to the dollar. Stable coins, according to him, have the potentiality to revolutionize retail and cross border payments.

Waller pointed out that through stablecoins, there is a new trend that is emerging in the ecosystem. He counts them as a solution that can help to develop and optimize payments and savings, particularly, in the zones with high inflation rates. He further suggested that stablecoins can also assist in enhancing financial security since individuals in areas that have limited banking services can easily access US dollars.

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Need for Stablecoin Regulation

As of now, the stable coin market has already grown, and according to the Fed Governor, is still in need of comprehensive regulation. He called for the need to put in place a monetary policy that would seek to tackle what is associated with stablecoins. Waller said that the ability to issue a stablecoin for both banks and non-banks should be made possible but on equal standards.

Waller is still hopeful on the contribution of the private sector for the successful development of stable coin for business entities and marts. With regard to relations between the buyer and the government as the seller, he said that the public sector needs to provide clear rules based on fair competition. These rules would protect the participants in the market and promote further development of the new market.

Challenges in Stablecoin Regulations

The Fed Governor also addressed possibilities for the utilization of stable coins nowadays. This was especially in as far as the provision of a store of value in crypto trading and cross-border activities was concerned. Also, token are used as an inflation hedge asset. Although he noted that the volumes of retail payment made by stablecoin remain low, there is much more that could be done to popularize this form of payment.

Waller also provides a detailed explanation regarding the current state of regulations in the United States. He says that lack of synchronization between state and international laws has led to some level of confusion. It demands rational and sensible guidelines to create adequate security that does not restrict development and creativity.

In a past speech, Waller said stablecoin might be ‘synthetic dollars,’ that would create new opportunities in the payment system. He favors such a system as it enhances the growth of these services to enable the users to make payments faster and cheaper. 

Waller thus encouraged that the private sector needs to engage more in developing stable coin technology with clear, sustainable rules that could help shape it. He also added that the right type of regulation of token could have a positive impact on customers and the global economy.