The digital dollar

Technology

The Digital Dollar Just Got Banned: Why America Bet on Stablecoins Instead of a CBDC — And What It Means for Your Money

Most countries spent the last five years racing to build a government-issued digital currency. The United States just passed a law banning its own central bank from ever creating one for ordinary people — at least until 2031, and quite possibly longer. That’s not a small policy footnote. It’s one of the more consequential financial-technology decisions of the decade, and…