DIGITAL DOLLAR BUILDS MOMENTUM :
A POTENTIAL WAY FORWARD
- Tyler Salathe
Published: 19 May 2020
Recently, US lawmakers in both the House and Senate have repeatedly floated the idea of a USD digital currency as a means to more efficiently and rapidly distribute COVID-19 stimulus payments. While details regarding the digital currency’s technical infrastructure remain obscure, the recent focus solidifies with legislative support a federal push for digital asset adoption. Below, we will provide an overview of the different pieces of legislation, including timelines and our thoughts on their significance.