Circle's Chief Strategy Officer, Dante Disparte, addressed the U.S. Senate on December 14, 2021, emphasizing the strategic importance of dollar digital currencies like USD Coin (USDC) in enhancing U.S. economic competitiveness in the global digital currency landscape. Disparte highlighted how these stablecoins support financial inclusion, reduce transaction friction, and facilitate faster disaster relief and financial aid distribution, while also maintaining regulatory compliance. He argued that the U.S. is leading in the digital currency space race due to robust free-market activities and innovation within regulatory frameworks, rather than solely relying on a Central Bank Digital Currency (CBDC). Disparte also outlined Circle's initiatives to strengthen community banks, promote financial literacy, and support minority entrepreneurs, thereby fostering a more inclusive financial ecosystem. He further noted the role of USDC in providing a secure, interoperable, and low-cost alternative to traditional financial systems, which is increasingly being adopted for a variety of use cases including remittances and humanitarian aid.