Fed Sees Possible Path To ‘Direct Issuance’ Of Digital Dollars
PYMNTS
SEPTEMBER 25, 2020
Cleveland Federal Reserve President Loretta Mester said in a speech this week that a digital dollar could conceivably be a form of money transfer that would enable the Fed to disburse money to all individuals in America. Digital dollars could make the leap from concept to reality, but there might be a few ways to get there.
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