Highlights
This week the concept of a digital dollar hit the headlines as the U.S. Democrats floated the idea of electronically distributing COVID-19 stimulus money to the unbanked. However, there is already a quite different Digital Dollar Project initiated by former Commodity Futures Trading Commission (CFTC) Chair Chris Giancarlo that’s exploring the potential for a U.S. central bank digital currency (CBDC) in partnership with Accenture.
David Treat, co-Lead of Accenture’s Blockchain Business and a Director of the Digital Dollar Project, spoke to Ledger Insights about the initiative, which aims to create a public-private partnership to come up with a design suitable for the U.S.
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