CBDC

Fed’s Brainard: We can’t take global status of U.S. dollar for granted

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According to Federal Reserve Vice Chair Lael Brainard, the world is swiftly moving toward more usage of digital payments, and an official digital version of the US dollar might help protect the country’s worldwide supremacy when other governments issue their own. According to Federal Reserve Vice Chair Lael Brainard, the world is swiftly moving toward … Read more

Fed’s Brainard Sees Case for Central Bank Digital Currency

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As crypto-assets and digital currencies produced by other nations grow more popular, Federal Reserve Vice Chair Lael Brainard said on Wednesday that creating an official digital version of the US dollar might assist preserve financial system stability. As crypto-assets and digital currencies produced by other nations grow more popular, Federal Reserve Vice Chair Lael Brainard … Read more