The U.S. Department of the Treasury Provides a Glimpse into the Future of Money and Payments

The Report responds to Section 4(b) of the EO and evaluates the U.S. system of money and payments, developments in stablecoins and instant payment systems, and a potential CBDC, using the following policy objectives as a guide: (1) provide benefits and mitigate risks for consumers, investors, and businesses; (2) promote economic growth and financial stability and mitigate systemic risk; (3) improve payment systems; (4) ensure the global financial system has appropriate transparency, connectivity, and platform and architecture interoperability; (5) advance financial inclusion and equity; (6) protect national security; (7) protect human rights; and (8) align with democratic and environmental values, including privacy protections.

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