4min chapter

Bankless cover image

Circle's CEO, Jeremy Allaire on USDC, SVB's Collapse, & the U.S. Banking System

Bankless

CHAPTER

Is There a US Central Bank Digital Currency Strategy?

There is a complete absence of a US central bank digital currency strategy. China's like miles ahead of the US, they need a strategy. And so I actually think we're like two, three years away from having at scale a regulated model of this that can work at internet scale and work for users. That's going to happen way faster thancentral bank digital currency.

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