Will the research on FED’s Central Bank Digital Currency (CBDC) impact the status of the US dollar? What attributes must a CBDC possess to ensure its success?
In the era of technological reshaping of our financial landscape, the concept of Central Bank Digital Currency (CBDC) in the United States has sparked heated discussions among financial experts and policymakers. Scholars Jean Flemming and Ruth Judson from the Federal Reserve Board have delved into the intricate possibilities of how the US CBDC could enter the international payment system and its implications for the long-standing dominance of the US dollar.
