I thought the problem with even FedNow was that it's still domestic only. Perhaps a parallel "digital dollar" platform can have a more global reach. The US Do

I thought the problem with even FedNow was that it's still domestic only. Perhaps a parallel "digital dollar" platform can have a more global reach. The US Dollar is still the backup currency of a lot of the world, and being able to say "here's a means to access our stable currency without trying to get worn-to-tissue paper notes from a sketchy exchange dealer" plays well into that narrative. Of course, it's likely that when China said there were plans for a Digital Yuan, we had to match it.