White House AI and Crypto Czar David Sacks is leaving his czar role and joining the President’s Council of Advisors on Science and Technology as co-chair. North America is leading the evolution of stablecoins into core financial infrastructure, with regulated issuers like USDC and RLUSD gaining significant share. Other notable members of PCAST include Marc Andreessen, Sergey Brin, and Mark Zuckerberg.
Stablecoins, now in the institutionalization phase, are becoming increasingly important in financial systems. Regulated issuers such as USDC and RLUSD are leading the way in North America.