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Ethereum blockchain issued Digital Dollar

2020.06.18 币圈资讯, 币圈资讯

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

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