The digital dollar bill will be presented in July

According to the head of the Federal Reserve Bank of Boston, James Cunha, representatives of the Federal Reserve Bank of Boston and the Massachusetts TechnologicalThe institutes that develop prototypes of the digital dollar platform are planning to present the results of their research in the third quarter of 2021.

After releasing these prototypes, other entities or organizations can also study the code and develop the application on its basis.

Digital Dolap, which is sometimes called"Fedcoin" can be used to replace or attempt to replace cash. In this case, several financial companies have an impact on the FPC and Kongresse, in order to slow down its development or, at least, to convince itself of its availability for the organization.

In most cases, in some financial companiesIt is assumed that the digital dollar can lead to significant loss of profits due to reduced commissions for transfers. Visa and Mastercard, in their turn, try to work with the central bank to make sure that the new currency can be used in their network.

Indeed, hypothetically Fedcoin is capable ofreduce the commission for transfer and allow direct storage of dollars without intermediaries. At the same time, the digital currency tested in China was developed in such a way that it does not have a significant effect on the profits of traditional financial sources. Fedcoin can be designed according to the same principle.

It is worth noting that the efforts of the PPC to studythe functionality of the digital dll are intended only for the demonstration of its technical functionality, accordingly, they do not apply to political and financial experts

It is important to note that the new digital currenciestsentpalnogo banka (CBDC), takie HOW Fedcoin, will konkupipovat ne c bitkoinom or Ethereum, a c tpaditsionnymi fiatnymi valyutami, xotya vozmozhnoct pazmeschat cmapt-kontpakty nA cvoix platfopmax mozhet ppedoctavit dopolnitelnoe konkupentnoe ppeimuschectvo.

Decentralization will cease to be an essential and inescapable difference - never a single CBDC will be decentered.

According to the new US Treasury Minister JanetYellen, CBDCs can help those who currently do not have access to the banking system, in which case a simple application will save the day. According to the head of the FPC, Jerome Powell, CBDCs can be integrated into existing payment systems, along with cash and other forms of money.

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