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Dr. Nouriel Roubini, a world-famous economist who spent years calling cryptocurrency a scam, has completely changed his mind. He has officially entered the Web3 space by helping launch a new digital asset called USAFi.
Instead of being a regular cryptocurrency, USAFi is a regulated digital token backed by real-world assets like US Treasuries, gold, and climate infrastructure. The token is set to be regulated by Dubai’s Virtual Assets Regulatory Authority (VARA).
This dramatic turnaround shows how much the global financial world has changed. The blockchain's biggest critics are no longer fighting the technology they are now using it to build the future of regulated finance.