Briefing
Should the Fed Issue Digital Currency?
Abstract: The United States might benefit from eventually replacing most physical cash with central bank digital currency (CBCD), but first the Federal Reserve must resolve several key policy and implementation issues, such as establishing comparative advantage over private issuers and ensuring safety and soundness.
Keywords: Banking and Finance; Digital Currency;
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https://www.richmondfed.org/publications/research/economic_brief/2021/eb_21-10
Description: Article
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Bibliographic Information
Provider: Federal Reserve Bank of Richmond
Part of Series: Richmond Fed Economic Brief
Publication Date: 2021-03
Volume: 21
Issue: 10