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evin
@provenauthority
cofounder @billions_ntwk @privadoid | prev founder https://t.co/tSqQauqDbo (acq), @consensys | here to save the internet
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Aug 22
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11 tweets
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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.
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…