Anyone here with Econ degree and financial degree dare to explain the significance of this plan?
1. My guess is this is an attempt at the blockchain to do a digitalized currency. Tokens are the things of the blockchain I think.
2. Notice the trick here, that the United States does not want to do this blockchain alone, they want others to tag alone. This is the United States attempt to not have others run away from using the US Dollar.
3. Not sure if that is possible. Once the Euro currency came out, Europe started using it for trade. Once the blockchain is set up, then two countries change exchange money in whatever currency they like.
4. They are playing catch up to others. They are not leaders in this development, those central banks, just followers or laggards.