Dragonfly Managing Partner Predicts US Government Will Launch AVAX-Based Public Expenditure Reporting System

On January 26, Dragonfly managing partner Haseeb Qureshi said on the X platform that in 2025 the US Government Accountability Office (GAO) may launch an AVAX-based public expenditure reporting system to achieve transparent management on the chain through stablecoins. He mentioned that the wallet addresses of government entities and contractors will be made public and analyzed by the public on a daily basis.
Yesterday, Bloomberg reported that Musk's Department of Government Effectiveness (DOGE) is exploring the use of blockchain technology to improve government efficiency, and it was also mentioned that the California Department of Motor Vehicles has digitized the ownership certificates of millions of vehicles on the Avalanche blockchain.