The FedNow Rollout and Its Implications for a US $CBDC
The future of the U.S. Dollar is likely being reshaped through FedNow, an innovative payment system operating on a Unified Digital Ledger. As this brand new digital Payment Service gains momentum, questions arise about its potential as a foundation for a Central Bank Digital Currency (CBDC) for the United States. Explore the convergence of FedNow and the prospects of a U.S. Dollar CBDC, where the boundaries between traditional and digital currencies blur. Will this transformative leap forward lead to enhanced financial efficiency, or is it a stepping stone towards a new era of surveillance and control? We should all understand the pivotal role of FedNow in shaping the future of the U.S. Dollar and the potential implications for our monetary landscape.
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