Press Coverage

The Digital Dollar Project Statement Regarding The Federal Reserve Board’s Central Bank Digital Currency Discussion Paper

January 31, 2022

WASHINGTON – Jan. 21, 2022 – The Digital Dollar Project (DDP) today issued the below statements regarding The Federal Reserve Board’s discussion paper titled Money and Payments: The U.S. Dollar in the Age of Digital Transformation,  released on January 20, 2022. The paper examines the pros and cons . . . of a potential U.S. central bank digital currency (CBDC).

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Digital Dollar Project Appoints Jennifer Brooks Lassiter As Executive Director

October 20, 2021

Technology, Finance, and Regulatory Expert Joins DDP Leadership Team to Advance DDP’s Mission to Gather Empirical Evidence on the Value of a U.S. Digital Dollar
WASHINGTON – Oct. 20, 2021 –– The Digital Dollar Project (DDP), a non-profit organization to advance the exploration of a U.S. Central Bank . . . Digital Currency (CBDC), today announced the appointment of Jennifer Brooks Lassiter, a recognized leader and prominent regulatory and finance expert, as Executive Director and member of its Board of Directors. Lassiter will work closely with the DDP Board and its Advisory Group to explore the challenges and opportunities of a U.S. CBDC through a deliberative process, including pilots, stakeholder meetings, roundtable discussions, and open forums.

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Digital Dollar Project Calls For 2-Tiered Distribution System In First White Paper For US CBDC

May 17, 2021

The group published its first white paper Friday, detailing the need for a tokenized version of the U.S. dollar and some potential avenues for building this system. A digital dollar could help the U.S. maintain the dollar’s status as the world’s reserve currency while serving a broader array of . . . individuals and entities than the current financial system, the paper says.

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Accenture and Digital Dollar Foundation to trial United States CBDC this year

May 4, 2021

Fortune 500 company Accenture has teamed up with Digital Dollar Foundation to conduct Central Bank Digital Currency, or CBDC, trials in the United States.

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Digital Dollar Project to launch five CBDC pilots in the coming months

May 4, 2021

The Digital Dollar Project has committed to launching “at least” five pilot programs in the next year to test possible frameworks for a U.S. central bank digital currency (CBDC). A partnership with technology consultancy firm Accenture is funding the projects.

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Digital Dollar Project to launch five U.S. central bank digital currency pilots

May 3, 2021

WASHINGTON, May 3 (Reuters) – The U.S. nonprofit Digital Dollar Project said on Monday it will launch five pilot programs over the next 12 months to test the potential uses of a U.S. central bank digital currency, the first effort of its kind in the United States.

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Private Effort to Aid Launch of Fed Digital Dollar Accelerates Work

May 3, 2021

As the Federal Reserve explores how it could launch a fully digital dollar, a private-sector effort is broadening its work to help the central bank figure out the best way forward.

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US needs to take leadership on central bank digital currencies: former CFTC chair

May 3, 2021

A former financial regulator says the United States needs to step up its research into a central bank-issued digital currency, as the Federal Reserve explores the viability of a digital dollar.

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Former CFTC Boss’s Digital Dollar Project Is Ready to Kick Off First US CBDC Pilot Projects

May 3, 2021

The U.S.-based Digital Dollar Project is kicking off a handful of pilot projects to test how a Federal Reserve-issued central bank digital currency (CBDC) may operate.

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A non-profit will launch 5 pilot programs over the next year to test the viability of a central bank digital currency in the US

May 3, 2021

The non-profit Digital Dollar Project will launch at least five pilot programs to test the viability of a US central bank digital currency, or “digital dollar”, in the next 12 months, the organization announced Monday.

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Still Getting Your Head Around Digital Currency? So Are Central Bankers.

April 26, 2021

Still Getting Your Head Around Digital Currency? So Are Central Bankers.

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The Future Of Money Should Be Cashless — With A Digital Dollar Giving Faster, Easier And Cheaper Access To Your Savings

November 5, 2020

Sometimes it does make sense to reinvent the wheel — if the wheel can drive significantly improved speed, efficiency, and capabilities.  Such is the case when it comes to central bank-backed fiat currency, which is currently available to the average citizen only in a physical cash or coin format.

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Chris Giancarlo’s Digital Dollar Project Proposes US CBDC Pilots

October 12, 2020

The Digital Dollar Project ratcheted up its calls for the U.S. to get serious about a central bank digital currency (CBDC) Monday with the release of nine “pilot” scenarios that it said would put a CBDC to the test.

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The U.S. ‘Falling Behind’ On Digital Dollar

July 22, 2020

Digital dollars and central bank digital currencies have become a hot topic in the last year. China’s plans for a digital yuan, along with Facebook’s digital currency libra project, have elevated calls for a digital dollar—with the coronavirus crisis and the need to distribute cash to Americans . . . resulting in a provision for a digital dollar included in a draft stimulus bill earlier this year.

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Digital Dollar Project In Light Of Recent Congressional Hearings

June 29, 2020

The Digital Dollar Project released a whitepaper last month. The Digital Dollar Project (DPP) is a partnership of the Digital Dollar Foundation, a not-for-profit, and Accenture.

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Experts Tell Congress It’s Time To Create A ‘Digital Dollar’

June 12, 2020

Trillions of dollars in federal COVID-19 stimulus payments are being disbursed through paper checks, prepaid debit cards and direct deposit — not very streamlined conduits when Uncle Sam needs to deliver aid speedily so that it’s most effective.

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Congressman Stephen Lynch Supports ‘Sandbox-Like’ Crypto Pilots At The OCC

June 11, 2020

The Chair of the FinTech Task Force, Congressman Stephen Lynch (D-MA), who just introduced a bill for COVID-19 supplies to be tracked on a blockchain, stated he thinks it is ‘great’ that the former chief legal counsel of Coinbase, Brian Brooks, is now the Acting Comptroller of the Currency of the . . . OCC.

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What Stood Out From The Digital Dollar Whitepaper

June 5, 2020

What stood out from the Digital Dollar whitepaper

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After Congress Debuts Digital Dollars Amid Covid-19, New Think Tank Broadens Vision Of U.S. Money

May 30, 2020

I sat down with J. Christopher Giancarlo and David Treat for an exclusive to discuss a new white paper by the Digital Dollar Project, the US CBDC White Paper, which explores a United States Central Bank Digital Currency (CBDC).

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Digital Dollar Project: Don’t Rush Digital Dollar During COVID-19 Crisis

April 16, 2020

J. Christopher Giancarlo is senior counsel at Willkie, Farr & Gallagher and former chairman of the U.S. Commodity Futures Trading Commission.

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Technical Solution For The E-Krona Pilot

March 1, 2020

The Riksbank has initiated a pilot project to develop a proposal for a technical solution for a central bank digital currency, an e-krona, that can work as a complement to cash. The aim of the pilot project is to show, in a text environment, how an e-krona could look, work and be used by the general . . . public.

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Former CTFC Chairman And Accenture Launch Think-Tank To Digitize The U.S Dollar

January 17, 2020

Yesterday, a former U.S. regulator, known as “Crypto Dad” owing to his evangelism of digital currency, announced the formation of a non-profit think-tank that will back the adoption of a Central Bank Digital Currency in the U.S., dubbed the “digital dollar”.

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Designing Central Bank Digital Currencies

November 1, 2019

We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of . . . their users.

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