• Former CFTC Commissioner Caroline D. Pham said on Sunday that crypto has roughly 2.5 years to become “too big to fail” before a future administration could reverse current regulatory progress.

• Pham pointed to $28 trillion in quarterly stablecoin volume and roughly $10 trillion in monthly tokenized repo transactions as signs of growing adoption.

• She called for a dual-track approach combining passage of the CLARITY Act with continued SEC and CFTC rulemaking.

Former Commodity Futures Trading Commission (CFTC) Commissioner Caroline Pham said the crypto industry has roughly two and a half years to become deeply embedded in the financial system before a future administration could reverse recent regulatory gains.

Speaking on…