The Federal Reserve Bank of Boston and the Massachusetts Institute of Technology plan to unveilthe results of their work in July this year.
The development team will present two platforms for storing, transferring and managing the digital dollar. At the same time, the technical details and mechanisms of the platforms are not yet known.
In February, Treasury Secretary Janet Yellen called on the U.S. Treasury to explore the possibility of issuing a digital dollar.
Large financial corporations such as Visa and Mastercard are already working with central banks to create a solution for using national digital currencies in their networks.
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