Episode 11: Digital Currency Goes to Washington
The Money Movement with Jeremy Allaire | Leaders in Blockchain, Crypto, DeFi & Financial Inclusion - A podcast by Circle
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The rapid rise of digital currency has driven accelerated engagement with policy makers and regulators in Washington. Notably, the rise of global stablecoins and the prospects for central bank money digital currency have intensified policy maker interest. Amid the COVID-19 induced economic crisis, discussions have accelerated around the benefits of ‘digital dollars’, which are increasingly seen through a national competitiveness lens, as advanced nations such as China make blockchain technology and digital currency a foundational infrastructure for the future of their economy and their role in the broader global landscape, portending geo-political considerations.