Policy

Circle Executives To Lawmakers: Digital Assets Make the U.S. More Competitive

Circle Executives To Lawmakers: Digital Assets Make the U.S. More Competitive

Team Circle Team Circle January 10, 2022

In back-to-back hearings in the U.S. Senate and the House of Representatives, executives from Circle detailed for lawmakers how digital assets – and the infrastructure they’re built on – are a source of national economic competitiveness. 

Circle Co-founder, Chairman and CEO Jeremy Allaire and Circle’s Chief Strategy Officer and Head of Global Policy, Dante Disparte answered an array of questions from a bipartisan group of lawmakers about digital assets, dollar digital currencies, decentralized finance (DeFi), and more. 

Below are key highlights from the hearings. You can read Mr. Allaire’s written testimony here and Mr. Disparte’s written testimony here.

 

Dollar Digital Currencies Can Help the U.S. Dollar Remain the Reserve Currency of the World

Dollar Digital Currencies Can Help the U.S. Dollar Remain the Reserve Currency of the World

 

Dollar Digital Currencies Like USDC Lower Costs 

Dollar Digital Currencies Like USDC Lower Costs

 

The U.S. is Winning the Digital Currency Space Race Because of Dollar Digital Currencies

The U.S. is Winning the Digital Currency Space Race Because of Dollar Digital Currencies

 

USDC is Becoming More Embedded in Payment Networks

USDC is Becoming More Embedded in Payment Networks

 

Digital Assets Democratize Access to Financial Markets

Digital Assets Democratize Access to Financial Markets

 

Too Many People Are Left Out of the Current Financial System

Too Many People Are Left Out of the Current Financial System

 

Smart Contracts Represent a “Game Changer”

Smart Contracts Represent a Game Changer

 

Subscribe to our blog

Get Circle updates right in your inbox.