The U.S. is soon to release its official discussion paper on its CBDC Research aka the Digital Dollar. This has got the world watching as to what major steps will the world’s largest economy incorporate.
While the U.S. has been pretty slow in the development of the Digital Dollar, things are taking turns for the good. The Fed governor Lael Brainard recently said that America doesn’t have an option of not taking the Digital dollar seriously.
China has already accelerated its development of the Digital Yuan as it seeks to reduce its dependency on the use of USD. In an interesting thread on Twitter, analyst Tascha explains how the Digital Dollar can help America keep up with the status of USD being the world’s reserve currency.
Analyst Tascha’s View on digital Dollar
Over the years, America’s debt has been mounting and has aggravated further with this pandemic. As of date, the USD contributes to 40-50% of the global trade settlements and international credits. In a way, we can s

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Źródło: https://coingape.com/analyst-digital-dollar-is-most-important-for-america-to-keep-the-usd-as-worlds-reserve-currency/