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Sens. Cynthia Lummis and Kirsten Gillibrand on the Responsible Financial Innovation Act

The Breakdown

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The Digital Dollar and Central Bank Digital Dollar

We want a c t b c to be a wholesale, wholesale central bank to central bank. And that stable coins would be the interface with the consumer. So behind the curtain would be, if we ever have one, a ct b c. One of my biggest concerns about the digital uan is that it has nothing to do with money and has everything to do with intelligence thering and spying on the chinese people. i think that it's interesting as something that is clearly, potentially important for the future of the us dollar.

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