Digital Dollar Projec

The Digital Dollar Project (DDP) was created to encourage research and public discussion on the potential advantages and challenges of a U.S. Central Bank Digital Currency (CBDC) — or a “digital dollar.” The DDP will identify options for a CBDC solution to help enhance monetary policy effectiveness and financial stability; provide needed scalability, security and privacy in retail, wholesale and international payments; and integrate with existing financial infrastructures, including U.S. Federal Reserve-related projects.