SCALABILITY IMPROVEMENTS

Last updated: June 18, 2025, 08:01  |  Written by: Chris Larsen

Scalability Improvements
Scalability Improvements

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

Citigroup, Mastercard & more banks begin 12-week

New York Federal Reserve and multiple global banking giants start

The New York Federal Reserve

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

Global Banks Partner With New York Fed for 12-Week

NY Fed Launches Digital Dollar Pilot Program With Big

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

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

Global Banking Giants Are Starting

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.

Federal Reserve Participates In Digital-Dollar Pilot

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