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<ul><li>More cricket teams in India plan to join the world of crypto by launching fan tokens in the coming months.</li><li>Fan tokens give followers access to a number of membership perks, like having a say in club decisions, rewards, merchandise design and so on.</li><li>Teams within the <keyword id="6354831" type="General" weightage="20" keywordseo="indian-premier-league" source="Orion">Indian Premier League</keyword> (IPL) will reportedly be launching these tokens on Polygon, a blockchain solution based out of India backed by billionaire Mark Cuban.</li></ul>After soccer clubs around the world, cricket teams in India are getting ready to take advantage of the internet’s most recent fad — fan tokens. According to a report by <a href="https://economictimes.indiatimes.com/markets/cryptocurrency/cricket-and-crypto-polygon-based-ipl-fan-tokens-soon/articleshow/87189474.cms">Economic Times</a>, the next edition of the Indian Premier League (IPL) could see a flurry of fan tokens from teams participating in the tournament. Fan tokens are a subset of non-fungible tokens (NFTs). Fans can buy these tokens with non-digital money like the rupee or the US dollar to get certain rights or advantages when it comes to their favorite club. Simply put, a fan token lets followers have a say in club decisions -- or at least some level of influence. For clubs, it’s a way to get their hands on more capital, especially after the year of the COVID-19 pandemic where ticket sales were scarce and stadiums lay empty. It is unclear what kind of perks Indian fans will get for investing in their favorite cricket club. In the world of football, fan tokens give voting rights on kit designs, celebratory music, and other minor decisions. Sources said that it’s likely that most of these tokens will be powered by the Indian <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=article-editorial">blockchain</a> platform, Polygon, which has been gaining popularity, not just in India, but amongst NFT platforms worldwide. According to ET’s report, the first of these fan tokens might be available as early as December this year. Polygon’s co-founder, Sandeep Nailwal, also indicated that “interesting announcements” from the Indian sports community are expected to go public soon. <cmsannotation type="cmsannotation" annotationid="Cricket NFTs are not a new thing" comment="subhead" text="Cricket NFTs are not a new thing">Cricket NFTs are not a new thing</cmsannotation> To be clear, while the speculation around <keyword id="12365683" type="General" weightage="20" keywordseo="cricket-fan-tokens" source="Orion">cricket fan tokens</keyword> could be the industry taking advantage of the lull between the recently concluded IPL season and the upcoming World T20 Championship, they are anything but new. IPL teams like Kolkata Knight Riders, Royal Challengers Bangalore and Punjab Kings are <a href="https://www.socios.com/socios-partners/">listed as</a> partners on Socios, one of the leading platforms for sports NFTs worldwide. NFTs from cricketers have also been a burgeoning phenomenon. Collectible platform Rario <a href="https://www.techcircle.in/2021/10/18/rishabh-pant-newest-entrant-into-nft-craze-to-sell-digital-assets-on-rario">partnered with</a> Polygon back in August to launch the first cricket-focused <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=microsite&amp;is_retargeting=false&amp;shortlink=BI&amp;c=site&amp;pid=Business%20Insider&amp;af_click_lookback=7d&amp;af_channel=Business%20Insider&amp;af_adset=article&amp;af_force_deeplink=true">NFT platform</a> in the country. Since then, blockchain platform Zebi <a href="https://www.techcircle.in/2021/09/15/cricket-foundation-launches-nft-marketplace-for-cricketing-collectables">has powered</a> Singapore-based Cricket Foundation, which was backed by cricketers VVS Laxman and Parthiv Patel. Wicketkeeper Rishabh Pant also signed on with Rario earlier this month. Polygon, the proposed destination for these fan tokens, is backed by billionaire and Mavericks owner Mark Cuban. It provides a solution that allows <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=article-editorial">NFT platforms</a> to reduce transaction fees on the Ethereum network, which at times has been <a href="https://www.businessinsider.in/cryptocurrency/news/ethereums-scaling-issues-strike-again-as-time-magazines-nfts-sell-for-30-times-their-price/articleshow/86490791.cms">exorbitantly high</a> when there are too many users.. Polygon has been used by many new platforms in India, like <a href="https://www.businessinsider.in/cryptocurrency/news/a-new-nft-platform-by-an-iit-bombay-graduate-wants-everyone-to-be-able-to-set-up-their-own-shop-online/articleshow/84610361.cms">NFTically</a> and Wall.app, and has also been adopted by global platforms like OpenSea. <cmsannotation type="cmsannotation" annotationid="NFTs gaining steam in India" comment="subhead" text="NFTs gaining steam in India">NFTs gaining steam in India</cmsannotation> The last two or three months have actually been great for NFT platforms in India even as the global hype around the tokens drummed down during the September lull. In August, Bollywood actor <a href="https://www.businessinsider.in/investment/news/coindcx-onboards-amitabh-bachchan-as-brand-ambassador-to-raise-crypto-awareness/articleshow/86773400.cms">Amitabh Bachhan</a> announced that he would be minting NFTs on a platform called BeyondLife.club. Superstar <a href="https://www.businessinsider.in/cryptocurrency/news/after-amitabh-bachchan-salman-khan-also-to-launch-his-nft-collection-with-bollycoin/articleshow/87015734.cms">Salman Khan</a> also joined the craze this month, promoting NFTs on a Bollywood-only platform called BollyCoin and short-video platform Chingari’s new crypto play. Even though regulations remain unclear, Industry experts <a href="https://www.techcircle.in/2021/09/23/from-bollywood-to-cricketers-nfts-catch-celebs-attention-in-india">have said</a> that many more celebrities are expected to join the fray, and conversations are ongoing at the moment. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/solana-is-the-bigwig-cryptocurrency-still-in-the-green-as-crypto-markets-correct/slidelist/87198481.cms">Solana is the only bigwig cryptocurrency still in the green as crypto markets correct</a> <a href="https://www.businessinsider.in/cryptocurrency/news/elon-musk-posts-a-raunchy-tweet-about-bitcoin-hitting-69000-and-the-crypto-community-loves-it/articleshow/87185865.cms">Elon Musk posts a raunchy tweet about bitcoin hitting $69,000 - and the crypto community loves it</a>

IPL teams are reportedly launching fan tokens, which will give followers a bigger say in club decisions

<keyword id="4521522" type="General" weightage="20" keywordseo="shiba-inu" source="Orion">Shiba Inu</keyword> has managed to retain itself among the top 20 largest cryptocurrencies in the market for over a week now. The cryptocurrency made its debut a little over a year ago and has seen one of the fastest jumps in popularity. Indian cryptocurrency exchange <a href="https://wazirx.com/signup?invite=2kpah6gr&amp;utm_source=business-insider&amp;utm_medium=referral&amp;utm_campaign=article-advertorial">WazirX</a> was among the first to list the <a href="https://wazirx.com/exchange/SHIB-INR">SHIB token</a> in the country. Users on the platform can directly buy the cryptocurrency using Indian rupees or exchange for it using Tether (USDT) or the exchange’s native WarizX token (WRX). It only took the meme coin 14 months to hit a market value of $12 billion and become the 12th biggest cryptocurrency by market value at its peak. In comparison, it took Dogecoin 88 months — <a href="https://www.businessinsider.in/investment/news/shiba-inu-took-14-months-to-hit-a-market-value-of-12-billion-it-took-dogecoin-6-times-longer-to-reach-that-milestone/articleshow/86839017.cms">six times longer</a> — to be as big. <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> The rally has investors asking other cryptocurrency platforms to list the Shiba token as well. A petition on Change.org is <a href="https://www.change.org/p/robinhood-convince-robinhood-they-will-prosper-if-they-list-shiba-inu-coin">urging trading app Robinhood</a> to add the coin to their roster. It has over 2.27 lakh signatures so far. <div type="ExtQuote" text="This petition is designed to kindly request Robinhood to please list Shiba Inu coin to trade. Dogecoin has been a huge success for Robinhood, and its investors… Shiba has just been listed on Binance and its momentum grows by the hour… Let's encourage Robinhood to be the first traditional brokerage to get on this train! Thank you." auname="Petition on Change.org asking Robinhood to list Shiba Inu on its exchange"></div> And, all this, because of one tweet by tech billionaire <keyword id="6355315" type="General" weightage="20" keywordseo="elon-musk" source="Orion">Elon Musk</keyword> of his real life Shibu Inu puppy called ‘Floki’. <div type="twitter" handle="elonmusk" handlename="Elon Musk" image="http://pbs.twimg.com/profile_images/1442634650703237120/mXIcYtIs_normal.jpg" favoritecount="387765" retweetcount="35125" status="Floki Frunkpuppy https://t.co/xAr8T0Jfdf" createdat="1633311718000" id="1444840184500129797"></div> <cmsannotation type="cmsannotation" annotationid="Other factors that may have caused Shiba Inu to skyrocket" comment="subhead" text="Other factors that may have caused Shiba Inu to skyrocket">Other factors that may have caused Shiba Inu to skyrocket</cmsannotation> Traditionally, when Bitcoin’s value increases, the value of altcoins sees a dip. And, when Bitcoin’s value corrects itself, altcoins play catch up. Many believe that Shibu Inu’s rally last week was just that — an altcoin playing catch up and getting caught in the headwinds of Musk’s tweet. Others attribute the coin’s rise to speculation over a major whale purchase — someone who is expected to buy a lot of SHIB. According to <a href="https://finance.yahoo.com/news/shiba-inu-jumps-55-exchange-113026888.html">Yahoo Finance</a>, an unknown whale bought around 6.3 trillion SHIB for approximately $44 million in September. <cmsannotation type="cmsannotation" annotationid="Meme coin Shiba Inu rally slows down — but it’s still worth thrice what it was a week ago" comment="subhead" text="Meme coin Shiba Inu rally slows down — but it’s still worth thrice what it was a week ago">Meme coin Shiba Inu rally slows down — but it’s still worth thrice what it was a week ago</cmsannotation> Some consider Shiba Inu to be a ‘shit’ coin — a coin with no inherent value — others believe that it could potentially be the <a href="https://wazirx.com/blog/is-shiba-inu-a-dogecoin-killer-or-a-shit-coin/">‘Dogecoin Killer</a>’. While Dogecoin uses the same technology as Bitcoin, Shiba Inu is powered by Ethereum. Either way, there’s no denying the break neck speed with which the latter gained value. Even after the rally behind the meme token seems to have slowed down — a 300% growth followed by 30% retrace — Shiba Inu is still worth thrice as much as it was a week ago at a price of $0.00002839 on October 11 at 5:00pm. <cmsannotation type="cmsannotation" annotationid="Shibu Inu is gearing for a comeback after the largest dump in its history" comment="subhead" text="Shibu Inu is gearing for a comeback after the largest dump in its history">Shibu Inu is gearing for a comeback after the largest dump in its history</cmsannotation> According to analytics platform <a href="https://twitter.com/santimentfeed/status/1447485903161622530">Santiment</a>, the hit that SHIB’s price took on October 8 was due to small whales dumping more than 30 billion tokens directly into the market — the largest dump in the token’s history. This, in turn, created massive selling pressure. However, today, the cryptocurrency’s value is up by more than 10% in the last 24 hours, according to <a href="https://coinmarketcap.com/currencies/shiba-inu/news/">CoinMarketCap</a>. Santiment asserts that the dumped tokens have most likely been redistributed among ‘micro traders’. On the flip side, trading volumes on Binance show that investors may be losing interest in Shiba Inu. It has fallen from a peak of 240 trillion to <a href="https://coinranking.com/market/11jakTSUC+shib-usdt-binance">less than 80 trillion</a> — one third of what it used to be — as of 2:00 pm Indian Standard Time (IST) on October 12. The total value locked on <a href="https://defillama.com/protocol/shibaswap">ShibaSwap</a> is only $448.96 million versus the $2.35 billion traded on Binance, in the last 24 hours. <cmsannotation type="cmsannotation" annotationid="Shiba Inu has an answer for the nay-sayers" comment="subhead" text="Shiba Inu has an answer for the nay-sayers">Shiba Inu has an answer for the nay-sayers</cmsannotation> Investor <a href="https://markets.businessinsider.com/news/currencies/big-short-michael-burry-shiba-inu-crypto-meme-token-pointless-2021-10">Michael Burry</a>, famous for being one of the few people who saw the 2008 financial crisis coming, expressed that the Shiba Inu cryptocurrency is “pointless.” In a tweet that has since been deleted, Burry shared that the tokens aren’t a desirable investment because the total supply exceeds a quadrillion tokens — this, in effect, limits any possible price appreciation. However, Shiba Inu is working on solving that problem too. The developer behind the cryptocurrency has partnered with NowPayments.io to burn a percentage of SHIB tokens with each transaction. <div type="twitter" handle="Shibtoken" handlename="Shib" image="http://pbs.twimg.com/profile_images/1418580748022525953/d0MGsPSY_normal.jpg" favoritecount="25326" retweetcount="8916" status="We are proud to announce that we will be establishing a #PartnerSHIB with NowPayments.@NOWPayments_io will onboar… https://t.co/HL4bveeVXQ" createdat="1633631667000" id="1446182147350401033"></div> The primary criticism of this strategy is that burning a meaningful percentage of the cryptocurrency will take years. Instead, the community behind the cryptocurrency has suggested a manual burn to reduce the number of tokens in circulation. For now, Shiba Inu investors are waiting for the launch of Shiboshis — a collection of 10,000 non-fungible tokens (NFTs) that will be minted on ShibaSwap — and the project’s plans to enter the world of gaming. <cmsannotation type="cmsannotation" annotationid="Shiba Inu is a joke… about a joke" comment="subhead" text="Shiba Inu is a joke… about a joke">Shiba Inu is a joke… about a joke</cmsannotation> The cryptocurrency was founded in August 2020, created by someone with the pseudonym ‘Ryoshi’. Just as Dogecoin was created as a joke after the viral meme of the real life Shibu Inu called Kabosu, Shiba Inu is often considered to be the satirical rip off of Dogecoin. In India, the Shiba Inu cryptocurrency came into the limelight when Ethereum founder Vitalik Buterin, donated nearly $1 billion to fund India’s fight against COVID-19 during the second wave earlier this year. One part of the funds were in 500 Ether (ETH) and the other part consisted of 50 trillion SHIB. Shortly afterwards, Buterin — who was given 50% of the total SHIB tokens in circulation during the coin’s initial launch — burned 90% of the cryptocurrency in his possession by sending it to a dead wallet. At the end, SHIB’s price saw an all time high of $0.00003502. Disclaimer: This is a sponsored post in partnership with WazirX SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/bitcoin-crosses-57000-for-the-first-time-in-five-months-altcoins-continue-to-struggle/slidelist/86957497.cms">Bitcoin crosses $57,000 for the first time in five months — altcoins continue to struggle</a> <a href="https://www.businessinsider.in/business/startups/news/chingari-raises-19-million-in-crypto-tokens-to-launch-its-own-crypto-token/articleshow/86868155.cms">Chingari raises $19 million in crypto tokens to launch its own crypto token</a> <a href="https://www.businessinsider.in/cryptocurrency/news/nearly-half-the-world-will-be-using-cryptocurrencies-to-send-money-in-the-next-two-years-a-revolution-led-by-remittances/articleshow/86867756.cms">Capgemini says nearly half the world will be using cryptocurrencies to send money in the next two years — a revolution led by remittances</a>

Elon Musk’s puppy, a new strategy to burn tokens, and altcoins playing catch up — the perfect storm for cryptocurrency Shiba Inu to skyrocket

Short-video making app <a href="https://www.businessinsider.in/business/startups/news/chingari-raises-19-million-in-crypto-tokens-to-launch-its-own-crypto-token/articleshow/86868155.cms" data-type="tilCustomLink">Chingari </a>on Monday announced it has raised $15 million in a Series A extension round. The platform said it will use the funds to enhance technology, launch new features and augment the tech team. The app is planning to soon launch its live-streaming, socio-commerce and audio chat features. With over 110 million downloads, <keyword id="12270967" type="General" weightage="20" keywordseo="chingari" source="Orion">Chingari</keyword> said it has witnessed a two-fold increase in its user base since April 2021. The short-video making app aims to take its user base to 200 million by the end of this year. "This new funding will further strengthen our position and help us deliver an immersive user experience for our community," said Sumit Ghosh, Co-founder and CEO, Chingari. With 35 million monthly active users (MAUs), the app is aiming to further increase user engagement by strengething local content portfolio with more than 20 languages on the platform. Republic Capital led the latest funding with participation from Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist, Venture Collective, Makan Family, Cowa Ventures, MVC Friends, Protocol Labs and other HNI family offices. The platform recently launched a crypto token ‘$GARI' to make content monetisation more mainstream in the country.

Chingari raises $15 million to enhance tech, launch new features

<ul><li>The founder of <keyword id="12297704" type="General" weightage="20" keywordseo="makerdao" source="Orion">MakerDAO</keyword>, Rune Christensen, believes people should “be ready for the worst” when it comes to <keyword id="12297703" type="General" weightage="20" keywordseo="stablecoin-regulation" source="Orion">stablecoin regulation</keyword> in 2022.</li><li>According to him, ‘super countries’ like Canada, Australia, New Zealand, the UK and other climate resilient nations, will be more <keyword id="7616853" type="General" weightage="20" keywordseo="stablecoin" source="Orion">stablecoin</keyword> friendly than the US in the future.</li><li>Christensen recently dissolved the <keyword id="12297705" type="General" weightage="20" keywordseo="maker-foundation" source="Orion">Maker Foundation</keyword> and wants MakerDAO to champion for climate change.</li></ul> Rune Christensen, founder of MakerDAO, believes that stablecoins may be in for a rough year ahead. Marking his return to the MakerDAO community on Reddit, Christensen held an Ask Me Anything (<a href="https://www.reddit.com/r/MakerDAO/comments/q60iif/im_rune_christensen_cofounder_of_makerdao_and/">AMA</a>) session on the forum where he was asked about the future of stablecoin regulation in 2022. And, his response was to “be ready for the worst,” especially when it comes to the US. After dissolving the Maker Foundation, to make the <keyword id="12297706" type="General" weightage="20" keywordseo="dai-stablecoin" source="Orion">DAI stablecoin</keyword> ‘truly’ decentralised, Christensen is now <a href="https://forum.makerdao.com/t/the-case-for-clean-money/10684">advocating</a> for MakerDAO to solve the problem of climate change. According to him, there is potential for DAI to thrive in the regulatory environment of ‘super countries’ — Canada, UK, New Zealand, Australia and other nations that are climate resilient — rather than the US. <div type="image" title="climate resilence global_edited" msid="86965922" hostid="261" caption="&amp;lt;p&amp;gt;Global map showing the impact of climate change if the Earth gets warmer by four degrees Celsius&amp;lt;span&amp;gt;&amp;lt;/span&amp;gt;&amp;lt;/p&amp;gt;"></div> <div type="ExtQuote" text="“We need to set up legal core units and government relations core units for each of these places [super countries], and once we have those in place, we should be able to get a proper assessment of how safe our collateral would be.”" auname="MakerDAO founder Rune Christensen said during an AMA on MakerDAO’s subreddit"></div> According to him, once MakerDAO finds locations from where it starts to implement large scale real world projects, the company will be politically impossible to shut down — as long these bases are set within countries with “good political environments.” <cmsannotation type="cmsannotation" annotationid="wazirx" comment="wazirx" text="wazirx">wazirx</cmsannotation> <cmsannotation type="cmsannotation" annotationid="The regulatory landscape for stablecoins is ‘very hard to predict’" comment="subhead" text="The regulatory landscape for stablecoins is ‘very hard to predict’">The regulatory landscape for stablecoins is ‘very hard to predict’</cmsannotation> Stablecoins like Libra and Tether have caught the eye of global regulators primarily due to concerns over how the companies behind them manage the reserves that back them, especially since these stablecoins serve the purpose of a bridge between the world of cryptocurrencies and the traditional economy for many investors. <div type="ExtQuote" text="“It’s very hard to predict, especially because there are two aspects to that question, both what’s going to happen to stablecoins in general… and then what’s going to happen to decentralised stablecoins like DAI.”" auname="MakerDAO founder Rune Christensen said during an AMA on MakerDAO’s subreddit"></div> Most stablecoins, like <a href="https://www.businessinsider.in/cryptocurrency/news/tether-is-a-cryptocurrency-thats-not-volatile-and-pegged-against-the-us-dollar/articleshow/83604895.cms">Tether</a> and Libra, are ‘hard-pegged’ to the US dollar — they’re backed by the actual fiat currency. MakerDAO’s DAI stablecoin, on the other hand, is ‘soft-pegged’ to the US dollar. This means that while it maintains its value with respect to the fiat currency, it’s not actually backed by it. Instead, it’s backed by other cryptocurrencies. <cmsannotation type="cmsannotation" annotationid="The need for stablecoin regulation" comment="subhead" text="The need for stablecoin regulation">The need for stablecoin regulation</cmsannotation> Stablecoins are meant to offer ‘stability’ like their name suggests. The idea is that 1 token will be worth $1, a hundred tokens would be worth $100, and so on. Countries like the US, Japan, Singapore, China and the European Union (EU) are currently in the midst of figuring out how to protect investors from the risk that stablecoins present — the risk of not really being ‘stable’ at the end of the day. Tether, for instance, is not backed by actual US dollar reserves. Instead, it is backed by commercial paper — short term debt issued by companies to raise funds — most of which is speculated to be out of China. Even though the company behind the largest stablecoin on the market did come out to say that it doesn’t have any exposure to Evergrande — China’s real estate behemoth that is currently struggling to pay its $300 billion debt — there are still other Chinese companies that may be at risk due to the <a href="https://www.businessinsider.in/investment/news/evergrandes-impact-on-bitcoin-highlights-how-cryptocurrencies-still-have-growing-pains/articleshow/86422657.cms">ripple effect</a> put into motion by Evergrande’s downfall. And, that’s only the <a href="https://www.businessinsider.in/cryptocurrency/news/tether-is-a-cryptocurrency-thats-not-volatile-and-pegged-against-the-us-dollar/articleshow/83604895.cms">tip of the iceberg</a> when it comes to the reserves backing Tether. Last year in March, MakerDAO found itself in hot water as well when the price of Ether — the native token powering the Ethereum blockchain and the backbone of MakerDAO’s decentralised finance (DeFi) platform — went for a nosedive. It went from being worth $193 to $95 in less than 24 hours. The resulting chaos over transaction fees led to $8.32 million of Ether being liquidated off the platform for free. The event even got its own name — ‘<a href="https://medium.com/@whiterabbit_hq/black-thursday-for-makerdao-8-32-million-was-liquidated-for-0-dai-36b83cac56b6">Black Thursday</a>’. And, as things stand, there is very little stablecoin regulation on a national and global scale. <a href="https://forum.businessinsider.in/">For a more in-depth discussion, come on over to Business Insider Cryptosphere</a> — a forum where users can deep dive into all things crypto, engage in interesting discussions and stay ahead of the curve. SEE ALSO: <a href="https://www.businessinsider.in/cryptocurrency/news/bitcoin-crosses-57000-for-the-first-time-in-five-months-altcoins-continue-to-struggle/slidelist/86957497.cms">Bitcoin crosses $57,000 for the first time in five months — altcoins continue to struggle</a> <a href="https://www.businessinsider.in/business/startups/news/chingari-raises-19-million-in-crypto-tokens-to-launch-its-own-crypto-token/articleshow/86868155.cms">Chingari raises $19 million in crypto tokens to launch its own crypto token</a> <a href="https://www.businessinsider.in/cryptocurrency/news/nearly-half-the-world-will-be-using-cryptocurrencies-to-send-money-in-the-next-two-years-a-revolution-led-by-remittances/articleshow/86867756.cms">Capgemini says nearly half the world will be using cryptocurrencies to send money in the next two years — a revolution led by remittances</a>

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IPL teams are reportedly launching fan tokens, which will give followers a bigger say in club decisions

BI India Bureau

Elon Musk’s puppy, a new strategy to burn tokens, and altcoins playing catch up — the perfect storm for cryptocurrency Shiba Inu to skyrocket

Insider Studios

Chingari raises $15 million to enhance tech, launch new features

IANS

‘We should be ready for the worst’ — MakerDAO founder is not optimistic about the stablecoin regulation in 2022

Prabhjote Gill

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