Money and payments : the U.S. dollar in the age of digital transformation / Board of Governors of the Federal Reserve System.
Publication Info.
[Washington, D.C.] : Board of Governors of the Federal Reserve System, 2022.
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Description
1 online resource (35 pages) : color illustrations
text txt rdacontent
computer c rdamedia
online resource cr rdacarrier
Note
"January 2022."
Bibliography
Includes bibliographical references.
Note
Description based on online resource, PDF version; title from cover (Federal Reserve, viewed April 21, 2022).
Summary
"Federal Reserve Board releases discussion paper that examines pros and cons of a potential U.S. central bank digital currency (CBDC). The paper summarizes the current state of the domestic payments system and discusses the different types of digital payment methods and assets that have emerged in recent years, including stablecoins and other cryptocurrencies. It concludes by examining the potential benefits and risks of a CBDC, and identifies specific policy considerations."--Press Release dated 20 Jan 2022.
