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Payments Innovation, Technical Standards, And The Federal Reserve's Roles, Federal Reserve Governor Christopher J. Waller, At The International Organization For Standardization Technical Committee 68 Financial Services 44th Plenary Meeting, Hosted By The Federal Reserve Bank Of Minneapolis, Minneapolis, Minnesota

Payments Innovation, Technical Standards, And The Federal Reserve's Roles, Federal Reserve Governor Christopher J. Waller, At The International Organization For Standardization Technical Committee 68 Financial Services 44th Plenary Meeting, Hosted By The Federal Reserve Bank Of Minneapolis, Minneapolis, Minnesota
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Central Bank Digital Currency as a Store of Value and Banks

Central bank digital currencies are increasingly regarded worldwide as viable means of payment. But how do CBDCs affect welfare when used as stores of value? A recent study investigates the ramifications of CBDCs as public money serving as stores of value, customers’ heterogeneous beliefs about bank stability and how it all impacts banks. ....

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