Digital Dollar

The US Risks Getting Left Behind on CBDCs

The Federal Reserve's “wait and see” approach to digital currency could deprive the U.S. of important fiscal and monetary tools as its rivals move ahead.

By JP Schnapper-Casteras, Misha GuttentagOct 20, 2020

Policy

Chris Giancarlo's Digital Dollar Project Proposes US CBDC Pilots

The proposal games out CBDC scenarios for fundamentally different potential digital currency end users.

By Danny NelsonOct 12, 2020

Policy

'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.

By Nikhilesh DeOct 7, 2020

Policy

You Think Crypto Isn't Ready to Be Money? Consider the Coin Shortage

If the United States had a digital dollar, we wouldn't need to worry about a lack of coins at retailers like Target and Kroger.

By JP KoningSep 1, 2020

Policy

Boston Fed Is Looking at '30 to 40' Blockchain Networks for Digital Dollar Experiments

The Federal Reserve Bank of Boston is evaluating more than 30 different blockchain networks to determine if they would support a digital dollar

By Nikhilesh DeAug 24, 2020

The Federal Reserve Bank of Boston is one of 12 regional Federal Reserve banks in the U.S., and is evaluating more than 30 blockchain platforms for a possible future central bank digital currency. (Beland/Wikimedia Commons)

Policy

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.

By Nikhilesh DeAug 13, 2020

Federal Reserve Board Governor Lael Brainard

Policy

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 just another tool that can be used to maintain U.S. hegemony.

By Nikhilesh DeJul 23, 2020

Senator Tom Cotton, who chairs the Senate Banking Committee ecnomic subcommittee, said U.S. dollar supremacy helps it maintain its sanctions regime while asking about the potential benefits of a digital dollar. (Michael Vadon/Flickr)

Policy

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.

By Patrick Murck, Linda JengJul 15, 2020

Markets

Senate Banking Committee Remains Open to Idea of Digital Dollar in Tuesday's Hearing

While not every lawmaker was on board with the idea of a central bank digital currency during a Senate Banking Committee hearing Tuesday, no one explicitly rejected it either.

By Nikhilesh DeJul 1, 2020

U.S. Senator Mike Crapo discussed stablecoins in his opening remarks during a hearing on digitizing money Tuesday. (Chief Mass Communication Specialist F. Julian Carroll/Wikimedia Commons)

Policy

Witnesses Will Vouch for Stablecoins, Digital Dollars in US Senate Hearing Tuesday

Witnesses will discuss stablecoins and tokenized dollars during Tuesday's Senate Banking hearing on the digitization of money.

By Nikhilesh DeJun 30, 2020

Christopher Giancarlo (CoinDesk archives)

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