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Federal Reserve Digital Assets and CBDC
The Federal Reserve has conducted extensive CBDC research (Project Hamilton, Project Cedar) while explicitly stating it will not launch a retail CBDC without Congressional authorization — making the Fed's stance on digital money a critical variable for tokenized asset settlement infrastructure.
Lens 5 · Regulatory Context
Stablecoins and Tokenized Payments: How the US Dollar Stays Dominant in the Digital Era
The GENIUS Act and STABLE Act are racing through Congress. Meanwhile, USDC processes $10 billion daily and JPMorgan's Kinexys tokenizes billions in corporate payments. Stablecoins are the payments infrastructure that makes tokenization work.