Tag Archive for: Fed Testing Wholesale CBDC in New York

Federal Reserve tests Digital Dollar

Daniel Jennings, November 8, 2022, Cryptocurrency, Initial Coin Offering, Markets, Technology, central bank digital currency (CBDC), Fed Testing Wholesale CBDC in New York, Federal Reserve, Federal Reserve tests Digital Dollar, How the Fed plans to use wCBDC, Instant Debt, Is a Fed Stablecoin Coming?, New York Federal Reserve, New York Innovation Center (NYIC), Project Cedar, wCBDC, Why is the Fed developing a wCBDC?, Why is the Fed Developing Atomic Swaps?, 0

A wCBDC is a digital reserve financial institutions hold at a central bank. They use the wCBDC for interbank...

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