Law professors who've long pushed for a digital dollar worked with Congress to bring the concept to a series of coronavirus relief bills earlier this week.
The Digital Dollar Foundation has tapped a number of former government officials and industry experts as advisors as it looks to design and promote a U.S. CBDC.
Central banks are well placed to deliver regular, no-questions-asked monthly payments to everyone, and to manage any ensuing inflation.
As the federal government looks for ways to distribute coronavirus aid, support for a digital dollar is gaining steam in Washington D.C.
Which digital currencies are most useful in a crisis, asks a Brazilian central banker. CBDCs, bitcoin or libra?
