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Last updated: June 16, 2025, 22:15  |  Written by: Joseph Lubin

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Global Banking Giants Are Starting

Federal Reserve Participates In Digital-Dollar Pilot

Banking Giants Collaborate with New York Fed for 12-Week Digital

Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.

NY Fed Launches Digital Dollar Pilot Program With Big

New York Federal Reserve and multiple global banking giants start

Citigroup, Mastercard & more banks begin 12-week

Banking giants and New York Fed start 12-week digital dollar pilot

Global Banks Partner With New York Fed for 12-Week

Digital dollar: Mastercard, Wells Fargo, Citigroup, others and New

The Pilot Will Test How

The pilot will test how banks using digital dollar tokens in a common database can help speed up payments. Earlier this month, Michelle Neal, head of the New York Fed's market's group, said

Global banking giants are starting a 12-week digital dollar pilot with the Federal Reserve Bank of New York, the participants announced on Tuesday.

The New York Federal Reserve is launching a 12-week digital dollar pilot in partnership with some global banking giants. The New York Fed’s Innovation Center will lead

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