Analysis: Are the ‘digital dollars’ in the $2 trillion stimulus plan the first step toward an American CBDC?

U.S. and China are in a race to be first to have a central bank digital currency. Covid-19's devastating economic impact may be hastening the creation of a U.S. one.

"Buried in the 1,000 page stimulus bill before the U.S. Congress is a provision to create a “digital dollar’” as a means to distribute government aid to people and businesses battered by the coronavirus."