A US CBDC would not improve the things the world loves about US fiat currency.

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Published 2 years ago

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A US CBDC would not improve the things the world loves about US fiat currency.

NFT, crypto,

Published 2 years ago

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CBDCs and national security dovetail, Waller said. The undisputed primacy of the US dollar in the world brings benefits to the United States and to other countries where the dollar plays a role in their economies or as a reserve currency.

According to the governor of the United States Federal Reserve Board, Christopher Waller, in a speech published on October 14. Skeptical of CBDC, Waller discussed the issue from a national security standpoint at a symposium held at Harvard University.

Waller had a more favorable view of the dollar-backed stablecoin.

The role of the US dollar around the world is one area where the economy

A US central bank digital currency CBDC would not improve the qualities of the current US dollar that are most valued by foreign companies.

New speech Fed Gov. Christopher Waller - The U.S. Dollar and Central Bank Digital Currencies#CBDC #communitybanks #payments #stablecoins #centralbank https://t.co/MgpbBUw3j7 via @FederalReserve

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