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by dax77
1167 days ago
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The author mentions the possibility of retail banks filling this role, and they already do the reverse—if you have a paper US Savings Bond, it can be redeemed for cash at almost any full-service bank branch. They are already deeply-involved in FedWire, the ACH Clearinghouse, and other payments rails. There’s also one in almost every neighborhood across the US. |
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