How to Make the Digital Dollar Less Disruptive

As banks push back on the idea of a U.S. CBDC, the Fed is exploring options for blunting the impact on bank deposits.

By Allyson Versprille | May 27, 2022 at 11:30 AM

The Federal Reserve is considering ways to blunt any impact on commercial bank deposits if the U.S. government decides to issue a digital dollar, according to the central bank's vice chair.

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