Last week, the Stellar Development Foundation submitted a letter in response to a Request for Information (RFI) from the White House Office of Science and Technology (OSTP) on priorities for research and development related to digital assets. As we explain in the letter, digital assets have the potential to fundamentally transform how people across the world think about and use money, and to expand access to fast, affordable, and transparent financial services for all. At the Stellar Development Foundation, we believe the U.S. government can – and should – play a critical role in shaping the evolution of this emerging and complex field. Through targeted research and development, the United States has the ability to ensure financial stability and consumer protection, promote responsible innovation, and advance U.S. competitiveness.
Our letter focuses on two areas for further research and development – software interoperability and novel forms of programmability:
The Stellar Development Foundation appreciates the opportunity to contribute our perspective in this interagency process and looks forward to continued collaboration with U.S. policymakers and regulators to support the growth and development of the digital assets industry.To read our response to the RFI, which includes the specific steps we recommend OSTP and other U.S. government agencies and departments should take, click here.