The US Senate members and the stable cryptocurrency indexed to the dollar will hold a digital dollar meeting, which will include the CEO of Paxos. Digitalization of payments and money will be discussed at the meeting.

US Senators will be discussing digital versions of the dollar at a virtual meeting scheduled for June 30.

As first reported by The Block, the U.S. Banking, Housing and Urban Affairs Senate Committee will discuss the “digitization of payments and money” on Tuesday (June 30th).

Among the names that will attend the meeting; Christopher Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), which supports the creation of a token-based digital dollar, will be found at Duke University Law School Professor Nakita Cuttino and Paxos CEO and co-founder Charles Cascarilla.

As it is known, Paxos launched the PAX stable cryptocurrency that was secured in US dollars in 2018.

There was no explanation about the subject of the meeting, but the participation of Giancarlo and Cascarilla reveals the scenario where the digitization of payments will be discussed.

According to Professor Cuttino, another name to attend the meeting, wrote in Duke University’s online profile information; the professor’s research focuses on financial technologies. This strengthens the claims that digitalization will be the subject of the meeting.


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