Toomey, on the other hand, highlighted an important and lingering question, can stablecoins and a Federal Reserve digital dollar coexist? Why do you need stablecoins if all Americans have retail accounts with the Federal Reserve, as Toomey proposed in what may have been an overblown Scenario, and the Fed becomes the retail lender to America? […]
The post Will Fed Digital Dollar Replace Stablecoins Or Would Both Coexist? appeared first on The Central Bank Digital Currency Insider.

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