Transaction volume reaches new high
Ethereum blockchain issued Digital Dollar
To ensure that citizens receive the money, the bill proposes to create a system of digital wallets that can receive the digital dollar. However, the US government was criticized for raising a record $2.2 trillion in new government debt for this purpose, while the measure still has to be approved by Congress.
The United States House of Representatives is considering sending a direct subsidy to American citizens. The subsidy is part of a stimulus package announced by the US government to counter the effects of the COVID-19 pandemic on the national economy. While the bill is still being debated, it considers the issuance of a digital dollar.
The members of parliament behind the proposal already have projects in the pipeline that could implement the issuance of a digital dollar.
Furthermore, eThaler has also implemented the Token Taxonomy Framework (TTF) emission system and is compliant with the ERC-1155 token standard. Unlike other Ethereum’s ERC-20 standard, ERC-1155 is a standard that supports multiple types of tokens. For example, a central bank could use it to mint fungible digital dollars or bonds.
Author : Reynaldo