
Economist Nouriel Roubini backtracks on anti-crypto stance with digital dollar plans
Popular crypto critic, Nouriel Roubini, has conceded that the US dollar could lose its status as the world reserve currency.
Digital DollarPopular crypto critic, Nouriel Roubini, has conceded that the US dollar could lose its status as the world reserve currency.
Digital DollarThe city's de facto central bank sought input on the e-HKD, as HKMA expressed concern on a retail digital Hong Kong dollar competition in the retail payments space.
Digital DollarThe data also shows that UST has been on a meteoric pump since mid-November, with the market cap increasing by 525% since then.
Digital DollarThe US Federal Reserve has stated officially that it is considering a central bank digital currency (CBDC). According to the central bank, it has not yet decided on pursuing or implementing a digital dollar. The Fed, however, has previously released aCBDC reportthat stressed the use of stablecoins such asUSD CoinandTether; the Thursday announcement is the []
CBDC Central Bank Digital Currency Digital DollarThe Depository Trust & Clearing Corporation unveiled "Project Lithium" to test infrastructure in support of a U.S. digital currency using blockchain technology.
CBDC Digital DollarCentral banks are rushing out privacy-infringing CBDCs to try to compete with crypto, which is outside their control. But while proponents cite numerous advantages, anything a digital dollar can do, crypto can do better.
CBDC