Is the US Digital Dollar… dead?

Is the digital dollar dead? | MIT Technology Review

Three years later, the digital dollar—even though it doesn't exist and the Fed says it has no plans to issue one—has become political red meat.

Cash will soon be obsolete. Will America be ready?

The U.S. Federal Reserve, by contrast, has largely stayed on the sidelines. This could be a lost opportunity. The United States should develop a digital dollar ...

Donald Trump Just Killed The Fed's 'Digital Dollar' - Forbes

Former U.S. president and 2024 Republican front-runner Donald Trump has said he'd block the creation of a U.S. central bank digital currency ( ...

Is the US Digital Dollar… dead? - LinkedIn

A digital dollar would be legal tender in the US, allowing people to buy goods and services online. Fans of the digital dollar argue that it ...

Is a Digital Dollar Coming Soon, and What Would It Mean for ... - CBN

When asked whether a Federal Reserve or Central Bank Digital Currency might be on the horizon, Federal Reserve Chairman Jerome Powell told a ...

Will the U.S. Dollar Be Dethroned? | Charles Schwab

There has been a long-term trend toward currency diversification in global financial transactions and trade, but we don't see the U.S. dollar losing its ...

Why hasn't the US fully embraced the digital dollar? - Tearsheet

The US is still ambivalent on a digital dollar, despite President Biden's executive order pushing for research into a potential CBDC.

The roll-out of central-bank digital currencies will slow in 2024

In the 2010s, smartphone-based payments took off. Use of cash is now plummeting: its share of retail transactions in ten of the world's biggest ...

Central Bank Digital Currency Tracker - Atlantic Council

The US is now participating in a cross-border wholesale CBDC project, Project Agorá, with 6 other major central banks. In May, the US House passed a bill ...

House Passes Mooney Amendment to Block Digital Dollar Pilot ...

WASHINGTON – Yesterday, the U.S. House of Representatives passed Congressman Alex X. Mooney's amendment to H.R. 5403, ...

A Digital Threat to Dollar Dominance

Third, because the US Dollars and equivalents never change hands (only the stablecoins do) the United States has less and less visibility into ...

No, the U.S. government isn't planning to recall the dollar - FOX 61

WHAT WE FOUND ... The federal government does not have plans to recall cash and replace it with a digital dollar. A central bank digital currency ...

Is the Digital Dollar Dead? | News | Communications of the ACM

A hypothetical US central bank digital currency is hardly controversial, after all. And the US cannot afford to be left behind. How things ...

US Republicans continue pushing against digital dollar CBDC

Despite all this, the Fed continues looking into a digital dollar. Its long-awaited position paper last year outlined several advantages but did ...

THE PROMISES AND PERILS OF CENTRAL BANK DIGITAL ...

This has turnover costs and dead-weight loss for the broader economy. ... U.S. digital dollar versus a Chinese yuan, digital yuan? Mr. Baldwin. The ...

The Fed - Money and Payments: The U.S. Dollar in the Age of Digital ...

This paper examines the pros and cons of a potential US central bank digital currency, or CBDC, and is the first step in a discussion of whether and how a CBDC ...

The Digital Dollar is a "Dead Man Walking," a Victim of Political ...

The US's digital dollar CBDC program is now a “dead man walking” as it becomes the latest victim of the election cycle, culture war, and ...

U.S. Dollar Death Spiral 'Crisis' Fears Grow After Bank Of America ...

U.S. national debt has skyrocketed in recent years, crossing the $34 trillion mark at the beginning of 2024, as Covid and lockdown stimulus ...

The death of digital dollar: Why Project Hamilton was abandoned ...

Not only does the US Federal Reserve have no plans to issue a digital currency, but it has repeatedly said it wouldn't do so without ...

Countries closing in on digital currencies but US lagging, study shows

While still inching forward on a banks only "wholesale" digital dollar, one for the wider U.S. population now looked "stalled" the report said, ...