- The US Treasury just made its strongest indication that a central bank digital currency is on the table.
- "[W]e are engaging in the technological development of a CBDC so that we would be able to move forward rapidly if a CBDC were determined to be in the national interest."
- But an expert says a proliferation of CBDCs could impact the dollar's role on the world stage.
Lawmakers are still weighing whether to have a central bank digital currency, but the US Department of the Treasury just made its most significant indication that it's on track to become a reality.