Federal Reserve Bank reveals details of digital dollar research

[newshunter]

Federal Reserve Bank reveals details of digital dollar research

The Federal Reserve Bank has been exploring digital currencies to modernize the U.S. payments sector.

Source: Federal Reserve Bank reveals details of digital dollar research

Would appreciate your opinion about this

[Noverteno]

The US government has been studying cryptocurrency and the possibility of issuing its digitized dollar for too long. We talked again, but they will not take any practical steps to create a digitized dollar.
Even the Bahamas will release their digitized sand dollar, and the US is still exploring this possibility.
After the emergence of the digital yuan, in order not to lose the trade war with China, a situation may arise where the US government will rush to implement its digital dollar.

[TomPluz]

Maybe they are waiting for the outcome of the digital yuan before finally embarking into the voyage of the world of digitalized money. I am predicting that digital yuan can be success though how successful it can be depend on many factors as we shall see. In fact, once it is ascertained that it is successful other big countries especially USA will be rushing to also their own version. Welcome to the digital money.