The Obstacles to a Digital Dollar Coin Are Bigger Than You Think | Barron's

2022-05-28 09:58:52 By : Mr. Bruce Huang

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A U.S. central bank digital currency could bring many benefits, Federal Reserve Vice Chair Lael Brainard told Congress on Thursday.

It would serve as the “neutral settlement layer in the digital financial ecosystem,” which in turn “would actually facilitate and enable private sector innovation,” she said.

The idea of a government-backed coin...

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