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Digital Dollar Could Streamline Settlements, DTCC Says

by Press Release
December 1, 2022
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Digital Dollar Could Streamline Settlements, DTCC Says
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“This new initiative represents the essence of innovation … we should expect digital transformation to reshape markets and market structure in the coming years,” DTCC Managing Director Jennifer Peve said in a statement, referring to a program carried out with the nonprofit Digital Dollar Project and major banks such as Citigroup (C), Bank of America (BAC) and State Street (STT) to test the use of a digital dollar in financial markets.



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