In this in-depth report, we follow through as promised on our initial analysis of key sections in last Friday’s Treasury report on CBDC and changes to the payment system. In this and subsequent in-depth reports, we go beyond our focus on Treasury’s recommendations to analyze the rationale behind them and lay out our forecast for next steps. We noted last week that the Treasury report cannot force the Fed to adopt a CBDC but clearly seeks to press the U.S. central bank quickly to…
The full report is available to retainer clients. To find out how you can sign up for the service, click here and here.