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Articlestellar.orgLesley Chavkin3y ago

Stellar Development Foundation Responds to "Digital Assets Research and Development" RFI from the White House Office of Science and Technology Policy

The Stellar Development Foundation submitted a letter to the White House Office of Science and Technology Policy recommending two priorities for digital asset research: software interoperability standards and programmable digital assets for social benefits like cash assistance.

Lumen Loop's take

The Stellar Development Foundation responded to a White House Office of Science and Technology Policy request for information on digital asset research priorities. The letter emphasizes that digital assets can expand access to fast, affordable financial services globally. SDF recommends the U.S. government prioritize two areas: first, software interoperability through common standards allowing systems to interact freely and promote competition; second, programmability of digital assets to enable novel use cases in cash assistance and social benefits. The foundation argues government-led research and pilot projects could advance financial stability, consumer protection, innovation, and U.S. competitiveness in the digital assets space.

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