Secretary of the Treasury. Director of the National Economic Council. President of Harvard University. Washington Post columnist. Economist Larry Summers has held some of the most prestigious roles in public life. Across them all, Dr. Summers has brought an unflinching commitment to incisive observations, even when they cut against the grain.On the major global macroeconomic issues of our time, Summer’s views aren’t always the popular ones, but they are not easily dismissed. Summer’s leadership in the Obama White House in the aftermath of the 2007-2008 financial crisis gives him special insight into the importance of effective regulation of financial markets. Understanding how policymakers should regulate stablecoins was the subject of a fireside chat between Jeremy Allaire and Larry Summers this past September at Converge22, Circle’s inaugural ecosystem summit. (Dr. Summers was compensated for his appearance at Converge22.)