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Former CFTC Chair: The U.S. is secretly studying infrastructure related to the digital dollar
Deep Tide TechFlow News, May 20th, according to Coin Desk, former U.S. Commodity Futures Trading Commission (CFTC) Chairman Timothy Massad stated that although Trump publicly pledged to oppose central bank digital currencies (CBDC) and government-backed US dollar stablecoins, the U.S. may ultimately launch a government-supported on-chain digital dollar scheme driven by global tokenization financial development.
Massad said that the White House is quietly researching related infrastructure, and the U.S. has also participated in the Bank for International Settlements (BIS) Project Agora. Federal Reserve payments chief Mark Gould stated that a digital dollar is not currently within the Federal Reserve's responsibilities, but if a government-backed digital dollar is launched, it will be managed by the Federal Reserve.