Complete Story
06/07/2022
The Clearing House: Digital Dollar Is a Solution in Search of a Problem
PYMNTS.com
The banking industry had its say about the Federal Reserve’s ongoing investigation of a digital dollar last week, and it’s fair to say that it fell somewhere between opposition and outrage.
In a conversation with PYMNTS’ Karen Webster, Rob Hunter, director of Regulatory and Legislative Affairs and deputy general counsel of The Clearing House (TCH), the bank-owned operator of the RTP network, made it clear that the industry’s arguments come down to three things.
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