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Digital Dollar Project Calls for 2-Tiered Distribution System in First White Paper for US CBDC

The Digital Dollar Project's first white paper describes how a two-tiered system underpinning a tokenized dollar could modernize the U.S. financial system.

By Nikhilesh De

Updated Sep 14, 2021, 8:46 a.m. Published May 29, 2020, 1:00 p.m.

DIGITAL DOLLARS: Former CFTC Chairman Christopher Giancarlo said building a digital dollar could take years, but work needs to start now to achieve this. (Credit: CoinDesk archives)