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Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions

Digital Dollar Project Floats Sandbox for Harness Potential CBDC Solutions

The Digital Dollar Project (DDP) has announced the launch of its Technical Sandbox Program that will make further exploration into the potential of the technical exploration of a US CBDC or the Digital Dollar.

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

Digital Dollars—A Two Tier CBDC Design to Maintain US Currency Dominance

The Digital Dollar Project (DDP) is the focus of the Digital Dollar Foundation and advocates the need for a CBDC. In their recently released whitepaper, the DDP stipulates that it aims for the US dollar to maintain its global dominance but further warns that the work needs to begin immediately. The DPP also calls for public-private collaboration, including the use of a two-tier system for the spread and distribution of retail digital dollars.

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