Former CFTC Chairman: Digital USD is not a derivative of fiat currency but will be supported like fiat currency

According to AMBCrypto on January 22, at the Davos Forum in Switzerland, J. Christopher Giancarlo, former Chairman of the Commodity Futures Trading Commission (CFTC), said that despite being in the 21st century, the modern financial system is still based on 20th century norms, and The specification does not allocate space for technological innovation. Regardless of whether it is domestic retail users in the United States or the global economy itself, US dollar users cannot get the support of analog currencies in the digital world. Digital dollars currently have the main goal of "deploying resources in the private sector. Digital dollars are not derivatives of fiat currencies but will be supported like fiat currencies.