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Dragonfly managing partner predicts that the US government may launch a public expenditure reporting system based on the AVAX chain

Dragonfly managing partner predicts that the US government may launch a public expenditure reporting system based on the AVAX chain

Bitget2025/01/26 06:00
AVAX-1.88%

In a ChainCatcher message, Dragonfly managing partner Haseeb Qureshi stated on platform X that the U.S. Government Accountability Office (GAO) might launch a public expenditure reporting system based on the AVAX chain by 2025, achieving transparent management on-chain through stablecoins. He mentioned that the wallet addresses of government agencies and contractors will be made public and analyzed daily by the public.

Previously reported, an article exploring blockchain technology to improve government efficiency led by Musk's U.S. Government Efficiency Department (DOGE) also mentioned that California's Department of Motor Vehicles has digitized ownership certificates for millions of cars on the Avalanche blockchain.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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