Only legacy programs still use libXft. The default configuration is defined in /usr/share/X11/app-defaults/Xft. It can be overriden on a per-user basis in the ~/.Xresources file :

Xft.antialias:  1
Xft.autohint:   0  
Xft.dpi:        96  
Xft.hinting:    1  
Xft.hintstyle:  hintfull  
Xft.lcdfilter:  lcddefault  
Xft.rgba:       rgb