evin Profile picture
cofounder @billions_ntwk @privadoid | prev founder https://t.co/tSqQauqDbo (acq), @consensys | here to save the internet
Aug 22 11 tweets 3 min read
A lot of you have asked me this week

"Evin, what's the deal with the US Treasury's latest move to embed identity verification into stablecoin and DeFi protocols?"

I have a lot of thoughts. Most of them optimistic.

Let me explain. Image 2/ So what's happening?

The Treasury’s announcement lays out a clear intention to modernize identity verification for defi, namely for stablecoins and payments

The RFI signals the Treasury's intent to modernize identity as critical national infrastructure

About damn time

home.treasury.gov/news/press-rel…