PYMNTS-MonitorEdge-May-2024

Digital Dollar

Circle’s Allaire On The Roadmap For Digital Dollar Stablecoins — And Programmable Money
Circle’s Allaire On The Roadmap For Digital Dollar Stablecoins — And Programmable Money
September 11, 2020  |  Digital Payments

To get a sense of how widespread the interest is, Fed Governor Lael Brainard said in August the Boston Fed was teaming up with MIT...

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US Senate Committee Weighs Pros And Cons Of Digital Dollar
US Senate Committee Weighs Pros And Cons Of Digital Dollar
June 30, 2020  |  Digital Payments

Digital dollar advocates told a U.S. Senate committee on Tuesday (June 30) that electronic currencies could help consumers. However, committee Chairman Mike Crapo (R-Idaho) said...

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UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts
UN Blockchain Expert Says Digital Cash Could Replace Bank Accounts
June 08, 2020  |  Cryptocurrency

United Nations global blockchain expert Massimo Buonomo has foreseen a future where digital currencies could replace low-interest bank accounts, Coindesk reports. Low interest rates, he...

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Purse Shut, And The Case For Bitcoin Fades (A Bit More)
Purse Shut, And The Case For Bitcoin Fades (A Bit More)
April 20, 2020  |  Cryptocurrency

It might sense to think that bitcoin — that marquee name of cryptocurrency — would enjoy a shining moment, a chance to take root in...

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PPP, Cross-Border AP, Stimulus Funds Top This Week’s News
PPP, Cross-Border AP, Stimulus Funds Top This Week’s News
April 17, 2020  |  News

It’s the end of the work week, and the PYMNTS Weekender is here to make sure you didn’t miss anything with the latest in payments...

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Automatic BOOST To Communities Act Resurfaces Digital Dollars
Automatic BOOST To Communities Act Resurfaces Digital Dollars
April 16, 2020  |  Payment Methods

To help provide U.S. taxpayers with stimulus payments to get through the recession brought about by the coronavirus, the idea of a digital dollar has...

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Tailwinds Gather For Digital Dollars, Digital Bank Accounts (At The Fed)
Tailwinds Gather For Digital Dollars, Digital Bank Accounts (At The Fed)
April 14, 2020  |  Digital Payments

The stimulus checks — some of them, anyway — are coming, via direct deposit, to tens of millions of Americans’ bank accounts over the next...

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US House Wants Economic Stimulus Payments To Leverage eWallets
US House Wants Economic Stimulus Payments To Leverage eWallets
March 23, 2020  |  Coronavirus

To help bolster the American economy amid the COVID-19 pandemic, the Federal Reserve could utilize digital wallets and a “digital dollar” to provide “qualified individuals”...

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