Stablecoins give the U.S. a way to make the dollar ‘relevant’ again, says Valor Capital’s Brooks

Stablecoins may be crypto’s killer app, but there needs to be regulation in place to allow them to flourish – which could benefit the U.S. dollar, according to Brian Brooks, a partner at Valor Capital Group.

Speaking to CNBC’s “Squawk Box” Friday, Brooks – who was previously the CEO of the U.S. arm of crypto exchange Binance and before that, the acting U.S. Comptroller of the Currency – took issue with the Biden administration’s seeming…