CoinDesk Podcast Network
COINDESK DAILY: Trump Admin to Revamp USAID With Blockchain
Mar 21, 2025
The Trump administration is considering blockchain tech to transform USAID, aiming to boost transparency in international aid. Eric Trump dives into Japan’s Metaplanet, adding a unique twist to the crypto landscape. Meanwhile, DeFi is thriving with Uniswap Labs launching a seamless web app and wallet for fast, cost-effective swaps across multiple chains. The discussion highlights the ongoing evolution of cryptocurrency regulations in the U.S., making for an insightful look into the future of digital currency.
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Quick takeaways
- The Trump administration's proposal for blockchain in USAID aims to enhance transparency and competitiveness in foreign aid distribution.
- Recent OCC regulatory changes seek to support cryptocurrency firms by easing restrictions on banks handling digital assets, fostering industry growth.
Deep dives
Revolutionizing U.S. International Aid with Blockchain
The proposal to utilize blockchain technology in transforming the U.S. international aid system focuses on enhancing transparency and accountability. By potentially establishing a new agency for international humanitarian assistance, the plan intends to create a more streamlined and competitive approach to foreign aid, especially in the context of competing with China's influence. This initiative reflects a broader pro-crypto stance from the current administration, aiming to build a modernized aid framework. Such changes signify a significant shift in how international assistance could be managed and distributed, fundamentally altering traditional foreign aid policies.
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