Dante Disparte, Chief Strategy Officer of Circle, called on the United States to enact stablecoin legislation in an interview. Dante Disparte stated that earlier this year, the collapse of banks in the United States led investors to enter overseas "unsafe and opaque" cryptocurrencies, and called on federal regulators to focus on stablecoin legislation, as its value should be consistent with the US dollar.

Anyone anywhere can use encryption to counterfeit the US dollar, so rules should be established to regulate those unsafe US dollar stablecoins on the Internet and respect US security, stability, and monetary policy.