Caroline Pham, the acting chair of the Commodity Futures Trading Commission (CFTC), is convening a forum for digital asset CEOs to discuss a pilot program aimed at tokenization with stablecoins. Notable leaders from companies such as Coinbase, Ripple, and Circle are expected to participate. Pham, who has recently stepped in to lead the CFTC, seeks to implement a regulatory sandbox for tokenization, a concept she previously proposed but was not adopted under the prior leadership. In her statement, she expressed enthusiasm for fostering responsible innovation in U.S. digital asset markets and emphasized the importance of leading in economic opportunities. The program aims to explore the use of non-cash collateral using distributed ledger technology. Specific details regarding the date and agenda of the forum have yet to be announced. Pham's leadership has already brought significant changes to the agency, including restructuring senior roles. Her drive for the tokenization pilot highlights the growing focus on integrating stablecoins into regulatory frameworks.

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