US Fed Vice Chair Says Digital Dollar Would Take 5 Years to Launch

“I really see the potential for a digital dollar as being complementary to a more stable, efficient system that would include stablecoins and commercial bank money, so I really see them potentially enabling private sector innovation,” she said. CBDC holdings and transactions would still be managed through private sector accounts, Brainard confirmed, and not at direct customer accounts at the Fed.


Spread the love

Related posts

Leave a Comment