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R3 is excited to announce Dr. Alisa DiCaprio as our Chief Economist. Read the full announcement here.

Fedcoin: A Central Bank-issued Cryptocurrency

November 2016

Abstract

This paper explores how central bank digital money might be designed. It uses Fedcoin – a conceptual form of Central Bank-issued Digital Currency – to describe the challenges of establishing a stable cryptocurrency, consider whether the public should have access to central bank money, and discuss technical considerations.

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