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Circle Asks US Fed Not to Step on Its Toes by Launching a Digital Dollar

The public is already served well by private-sector tokens, the USDC stablecoin issuer said in a comment letter to the central bank.

Circle Internet Financial has asked the Federal Reserve to hold off on issuing a digital dollar. (Lance Nelson/Getty Images)
Circle Internet Financial has asked the Federal Reserve to hold off on issuing a digital dollar. (Lance Nelson/Getty Images)