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Trillion-US-Dollar Stimulus Jumpstarts Project To Issue Central Bank Currency On Ethereum

From forbes.com

Digital dollars exploded into mainstream headlines earlier this week. As the U.S. House of Representatives scrambled to craft a bill that would authorize trillions of dollars in payments to “consumers, states, businesses, and vulnerable populations during the COVID-19 emergency” it introduced the digital dollar concept that could potentially let the Federal Reserve, responsible for printing U.S. dollars, send stimulus money directly to individuals. Inspired by bitcoin and its underlying blockchain technology that lets individuals send value to each other without any middlemen, the concept had been percolating behind ... (full story)

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