Regulated Liability Network (New York Fed Digital Dollar simulation project)

[Grey Havoc]

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

Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday. From a report: Citigroup, HSBC, Mastercard and Wells Fargo are among the financial companies participating in the experiment alongside the New York...

news.slashdot.org

U.S. Banking Giants Start Digital Dollar Pilot

This comes after the U.S. Treasury Department recommended issuing a digital dollar in September

u.today

Big Banks, NY Fed Start to Test Digital Tokens for 'Wholesale' Transactions

Citigroup, HSBC, BNY Mellon, Wells Fargo and Mastercard, are among the financial giants taking part.

www.coindesk.com

In light of the ongoing crypto collapse, their timing was pretty unfortunate, at best.