Fintech

The Future of Central Bank Digital Currencies in the U.S.

Comments pouring into the Fed and other authorities over the CBDC issue expose deep fault lines between traditional banks and payments institutions and fintech players eager to exploit a completely new digital money opportunity. The Federal Reserve is at the center of the scrum.

Even though the distance between a central bank digital currency in the U.S. in concept and in reality is wide, the viewpoints of different parts of the financial services industry towards the possibility of a Federal Reserve “digital dollar” have begun to solidify.

Broadly, the traditional banking and credit union industries see an American CBDC as a threat — indeed, many seem to see it as an existential threat. Among fintechs, on the other hand, a CBDC is being seen as an opportunity to grow participation in what in theory could become a major part of the payments mainstream.

Payments organizations like Visa and Mastercard have also been weighing in, in part clearly trying to maintain a role for companies like themselves in any future system where a digital dollar becomes a reality.

While the Federal Reserve leads the way on CBDC, other parts of the government, including the Treasury Department and the Department of Commerce, have been involved, notably since the Biden administration issued an executive order on digital assets, which covered CBDC development.

Read more

Veille-cyber

Share
Published by
Veille-cyber

Recent Posts

Sécurité des mots de passe : bonnes pratiques pour éviter les failles

Sécurité des mots de passe : bonnes pratiques pour éviter les failles La sécurité des…

4 jours ago

Ransomware : comment prévenir et réagir face à une attaque

Ransomware : comment prévenir et réagir face à une attaque Le ransomware est l’une des…

5 jours ago

Cybersécurité et e-commerce : protéger vos clients et vos ventes

Cybersécurité et e-commerce : protéger vos clients et vos ventes En 2025, les sites e-commerce…

1 semaine ago

Les ransomwares : comprendre et se défendre contre cette menace

Les ransomwares : comprendre et se défendre contre cette menace En 2025, les ransomwares représentent…

1 semaine ago

RGPD et cybersécurité : comment rester conforme en 2025

RGPD et cybersécurité : comment rester conforme en 2025 Depuis sa mise en application en…

1 semaine ago

VPN : un outil indispensable pour protéger vos données

VPN : un outil indispensable pour protéger vos données Le VPN, ou « Virtual Private…

2 semaines ago

This website uses cookies.