Timothy Massad: The United States may introduce a government-backed digital dollar

According to a certain news platform, former CFTC chairman Timothy Massad stated that although President Trump has opposed CBDCs and government-backed US dollar stablecoins, the global development of financial tokenization may drive the United States to launch an on-chain digital dollar solution. He mentioned that the White House is studying the relevant infrastructure, and the US has already participated in BIS's Project Agora. Mark Gould, the Federal Reserve's head of payments, said that a digital dollar is currently not within the Fed's scope of duties, but if it were to be launched, the Federal Reserve would be responsible for it.