The tipping point might be nigh for digital dollars and other central bank-issued currencies done through bits and bytes. As politicians across the globe grapple with the pandemic’s continued economic fallout and the need to get stimulus funds to individuals, corporations and even local governments with speed and security, digital delivery of those dollars is likely to gain increasing traction. As reported in this space last month, the efforts are still nascent. In the United States, the digital dollar was floated in a draft proposal of one of the early stimulus bills. In that proposal, the digital dollar would have ... (full story)