Why the Fed Is Considering a Digital Dollar | WSJ
Wall Street Journal
Published at : 11 Nov 2021
Published at : 11 Nov 2021
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The Federal Reserve is trying to figure out how to keep cash relevant in a cashless world. It’s considering digitizing the U.S. dollar, giving people money they can access on their phone and bypassing electronic payments that can be slow and costly for businesses. Illustration: Jacob Reynolds/WSJ
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