Home CRYPTO Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’ in Digital Dollar Debate

Circle’s Disparte Calls CBDCs ‘a Preposterous Idea’ in Digital Dollar Debate

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Those differences were on full display in the panel discussion at Consensus 2022 on whether the U.S. Federal Reserve should issue a digital dollar or leave such innovation to the private sector. Dante Disparte, head of policy for stablecoin issuer Circle Internet Financial, called central bank digital currencies (CBDC) a “preposterous idea.” However, Grey warned private-sector efforts at creating a widely usable form of money would put the taxpayer on the hook if those efforts failed.

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