Dragonfly managing partner predicts that the U.S. government may launch a public spending reporting system based on the AVAX chain

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

Previous report also mentioned in an article about the U.S. Department of Government Efficiency (DOGE) led by Musk exploring the use of blockchain technology to improve government efficiency that the California Department of Motor Vehicles has digitized the ownership certificates of millions of vehicles on the Avalanche blockchain.