Global Banks Partner With New York Fed For 12 Week Digital Dollar Pilot

Last updated: June 9, 2025, 05:06

Global Banks Partner With New York Fed For 12 Week Digital Dollar Pilot

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

NY Fed Launches Digital Dollar Pilot Program With Big

Federal Reserve Participates In Digital-Dollar Pilot

Global banking giants are starting

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

Citigroup, Mastercard & more banks begin 12-week

New York Federal Reserve and multiple global banking giants start

The pilot will test how

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

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.

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

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

Global Banks Partner With New York Fed for 12-Week