Accenture and Digital Dollar Foundation to trial United States CBDC this year
Five pilot programs will gather data on a digital dollar in the United States over the next 12 months.
Tag: Digital Dollar
Former OCC official says crypto has backing but dollar ‘may not’
Former OCC acting comptroller Brian Brooks claimed that cryptocurrencies like Bitcoin “actually are backed by something.”
Fed chair says it’s up to Congress to bring a digital dollar to market
Jerome Powell added that the Federal Reserve needs to consider the health of other markets when creating a digital currency.
What Is a CBDC?
A CBDC is a central bank digital currency, a new type of money governments are experimenting with that often has blockchain at its core.
Chris Giancarlo’s Digital Dollar Project Proposes US CBDC Pilots
The proposal games out CBDC scenarios for fundamentally different potential digital currency end users.
‘It’s Something We’re Studying’: Deputy Treasury Secretary Discusses US CBDC Plans
“It’s something we’re studying … [T]his is really a decision which sits as much with the Fed as it does with Treasury,” said Deputy Secretary Justin Muzinich.
Most Americans are against a digital dollar CBDC, survey reveals
U.S. citizens appear to be opposed to a digital dollar despite expressing concerns over the existing financial system.
The Federal Reserve Is Experimenting With a Digital Dollar
The Federal Reserve is actively investigating the potential impact of a digital dollar, though it has no plans to issue one anytime soon.
Senate Hearing Sees Digital Dollar as a Tool for Economic Supremacy
The digital dollar again appeared during a Senate hearing. However, it wasn’t the focus of the hearing, but rather just another tool that can be used to maintain U.S. hegemony.
How a Digital Dollar Can Make the Financial System More Equitable
Digital dollars can promote a more inclusive financial system, or they can contribute to already-growing economic inequality in the U.S.
