💬 Circle's Dante Disparte on CBDC and Cryptocurrency Legislation! 🏛️
Dante Disparte, the head of global policy and chief strategy officer at Circle, has shared insights on the relationship between central bank digital currencies (CBDCs) and cryptocurrency legislation in the United States.
He expressed concerns that the partisan debate surrounding CBDCs could hinder the passage of reasonable cryptocurrency legislation. Disparte emphasized the importance of focusing on fair market competition and addressing technical risks while discussing CBDCs.
Moreover, he voiced his belief that dollar-based stablecoins like USDC can coexist alongside CBDCs.
The intersection of CBDCs and cryptocurrencies remains a topic of significant discussion and debate in the financial industry.