The idea of a “digital dollar” will once again rear its head before the U.S. Congress on Tuesday.
The U.S. Senate Committee on Banking, Housing and Urban Affairs will hold a hearing on “The Digitization of Money and Payments,” and while few details have been released, the witnesses – former Commodity Futures Trading Commission (CFTC) Chair J. Christopher Giancarlo, Paxos co-founder and CEO Charles Cascarilla and Duke University Visiting Professor of Law Nakita Cuttino – suggest the focus may center in part around central bank digital currencies and stablecoins.
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https://www.coindesk.com/witnesses-will-vouch-for-stablecoins-digital-dollars-in-us-senate-hearing-tuesday