[Coinbase Officer’s Call For Tokenized U.S. Dollar Wins Circle CEO’s Support]

[Coinbase Officer’s Call For Tokenized U.S. Dollar Wins Circle CEO’s Support]

Brian Brooks, Chief Legal Officer at Coinbase, recently stated that it is indeed the time for a tokenized version of the U.S. dollar.
“The U.S. is the world’s leader in technology innovation, but that leadership is provided by the private sector, not by the government. We think USDC and other fully backed stablecoins like it are great examples of how the U.S. can take the lead without the exerting unnecessary control over technology decisions that are providing increased access to our financial system,” he claimed.
Jeremy Allaire, Co-Founder and CEO of Circle, also backed Brooks’s comments, stating that “private sector innovation is key to continued U.S financial system innovation.”