Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research

[newshunter]

Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research

Fed Governor Lael Brainard shares updates about the U.S. digital currency initiative and why it is crucial to understand CBDCs.

Source: Boston’s Federal Reserve Bank and MIT to Tackle Digital Currency Research

Would appreciate your opinion about this

[Delgado]

The US government is already well behind in creating its own stablecoin. There are already many private stablecoins and stablecoins in operation from various businesses that are backed by the dollar. Only the US government still does not have a national stablecoin. The United States is losing a lot on this financially.