
Regulators have the authority to act now to stop runs on risky stablecoins
Todd Phillips and Alex Fredman write about why the SEC and DOJ must use their existing authority to regulate stablecoins.
Alex Fredman is a research assistant for the Economic Policy team at American Progress. Prior to joining American Progress, he was an economic policy analyst at 20/20 Vision, a progressive advocacy firm, and worked on a House campaign in 2020. Fredman received his degree in government and history from Dartmouth College, where he served for a year as executive editor at the student newspaper. A native of St. Louis, Fredman loves baseball and enjoys reading about American history.
Todd Phillips and Alex Fredman write about why the SEC and DOJ must use their existing authority to regulate stablecoins.