Fed in Print
All Title Author Abstract Keywords
Bank Series Content Type Author JEL Classification Keyword

Discussion Paper

Implications of a U.S. CBDC for International Payments and the Role of the Dollar


Abstract: Technological advances in recent decades have brought about a wave of private-sector innovation in payments and have led central banks to explore a variety of improvements to their payment systems, including the possibility of issuing a central bank digital currency (CBDC). Survey evidence from the Bank for International Settlements (BIS) shows that over 90% of central banks are exploring CBDCs (Kosse & Mattei, 2022). The Federal Reserve is also exploring the implications of, and options for, introducing a CBDC.

https://doi.org/10.17016/2380-7172.3435

Access Documents

File(s): File format is text/html https://www.federalreserve.gov/econres/notes/feds-notes/implications-of-a-u-s-cbdc-for-international-payments-and-the-role-of-the-dollar-20240216.html

Authors

Bibliographic Information

Provider: Board of Governors of the Federal Reserve System (U.S.)

Part of Series: FEDS Notes

Publication Date: 2024-02-16

Number: 2024-02-16