The world is rapidly transitioning to a digital economy. As the world’s largest economy, the United States must keep up with this trend. One of the ways it can do so is by digitizing its currency. In recent years, there have been discussions about the potential of a US digital dollar.
This article will examine the drawbacks and benefits of adopting a digital dollar, examining its potential impact on the US economy and international trade. We’ll delve into the advantages and disadvantages of this digital currency, considering its potential implications for financial systems and international commerce.