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The Fed just took another step toward launching a digital dollar.
After months of pilot testing and behind-the-scenes meetings, the Federal Reserve has now quietly expanded its central bank digital currency (CBDC) research in partnership with top U.S. banks.
One of the latest reports confirms that the Fed’s Boston and New York branches are actively working with major financial institutions to explore how a digital dollar would function in real-world transactions—and how it might be integrated into your daily life.
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Sponsored Content
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Poll Of The Day
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Should the U.S. move forward with a central bank digital currency?
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Fun Fact Of The Day
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Only 10% of money in the U.S. exists in physical cash—the rest is already digital, but not yet programmable like a CBDC would be.
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