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General Counsel At Compound: Best Digital Dollar Isn’t CBDC But Crypto Dollar

Tracy CHEN

Summary: Jake Chervinsky, who serves as general counsel at Compound and an adjunct professor at Georgetown University Law Center, tweeted: “As is often the case, the best way for the USA to compete against China is to leverage our free market and support private industry in developing better, more open alternatives. The world still wants dollars ...

Jake Chervinsky, who serves as general counsel at Compound and an adjunct professor at Georgetown University Law Center, tweeted: “As is often the case, the best way for the USA to compete against China is to leverage our free market and support private industry in developing better, more open alternatives. The world still wants dollars and the best digital dollar isn't a CBDC -- it's a crypto dollar.”

Tracy Chen

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