US Banks partner with Federal Reserve to launch a digital dollar pilot project
Key Takeaways
Citigroup, HSBC, BNY Mellon and, Wells Fargo, Mastercard are participating in the project.
The 12-week PoC, called the regulated liability network, will be conducted in a test environment, use simulated data, and only operate in U.S.
Citigroup, HSBC, BNY Mellon and, Wells Fargo, Mastercard are participating in the project.
The 12-week PoC, called the regulated liability network, will be conducted in a test environment, use simulated data, and only operate in U.S.