Home Economy Digital Dollar Development Should Be a Priority of the Fed

Digital Dollar Development Should Be a Priority of the Fed

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This commentary was issued recently by money managers, research firms, and market newsletter writers and has been edited by Barron’s.

Time to Speed Up a Digital Dollar

Morning BriefingAug. 5: The U.S. Federal Reserve is studying the idea of a digital dollar to death. It is currently collecting public comments on the potential costs, benefits, and design of a digital dollar, with plans to publish a “discussion paper” in early September. In other words, a digital dollar is many years away from landing in your digital wallet.

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