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2022-11-16

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Banking Giants and New York Fed Start 12-Week Digital Dollar Pilot

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The project, which is called the regulated liability network, will be conducted in a test environment and use simulated data, the New York Fed said.</p><p>The pilot will test how banks using digital dollar tokens in a common database can help speed up payments.</p><p>Earlier this month, Michelle Neal, head of the New York Fed&#39;s market&#39;s group, said it sees promise in using a central bank digital dollar to speed up settlement time in currency markets.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗","WFC":"富国银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2283970692","content_text":"(Reuters) - Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.Citigroup Inc, HSBC Holdings Plc, Mastercard Inc and Wells Fargo & Co are among the financial companies participating in the experiment alongside the New York Fed's innovation center, they said in a statement. The project, which is called the regulated liability network, will be conducted in a test environment and use simulated data, the New York Fed said.The pilot will test how banks using digital dollar tokens in a common database can help speed up payments.Earlier this month, Michelle Neal, head of the New York Fed's market's group, said it sees promise in using a central bank digital dollar to speed up settlement time in currency markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9963056535,"gmtCreate":1668557604128,"gmtModify":1676538074825,"author":{"id":"3586063433796449","authorId":"3586063433796449","name":"J72","avatar":"https://community-static.tradeup.com/news/fe1480c02dc1f98fd5b47a8cbd7830e2","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586063433796449","authorIdStr":"3586063433796449"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9963056535","repostId":"2283970692","repostType":2,"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}