Report post

What is Digital Dollar?

Us digital dollar can be defined as acentral digital currency for the US Dollar, and the United States is heading for issuance, with immediate electronic payments between individuals and companies without the need for brokerage and the role played by banks.

Should America digitize its dollar?

"If America wants to maintain its place as the keeper of the reserve currency of the world, which gives us huge privileges and advantages as a country, then we too should digitize our dollar so that we have the attributes of a digital dollar, which is frictionless money, which is much more efficient money," he told Fox News Digital.

Is a digital dollar a Tectonic reconfiguration of money?

The introduction of a “US digital dollar” — the creation of which just last year seemed far away, but now under serious consideration — represents nothing short of a tectonic reconfiguration of money and the global financial system. The US dollar is the world’s financial leviathan; a singularly dominant international trade and reserve currency.

The World's Leading Crypto Trading Platform

Get my welcome gifts