Top US Treasury Official Says Leaders ‘Actively Evaluating’ Digital Dollar Question

Setting up a digital dollar, she said, “could help preserve the dollar’s global role,” and possibly reduce frictions in cross-border transactions. But even if the U.S. doesn’t issue one, she said government officials are exerting influence with U.S. allies toward “responsible development of CBDCs” in other places, noting that 11 jurisdictions have already moved ahead with their virtual currencies.