Vol. 8, Issue 3, 2024September 17, 2024 CDT
ccby-nc-sa-4.0
A US Treasury issued fungible cryptocurrency – the Interest Rate Reduction Token – not only reduces the outstanding student debt, but also makes a profit for the US Government
A US Treasury issued fungible cryptocurrency – the Interest Rate Reduction Token – not only reduces the outstanding student debt, but also makes a profit for the US Government
CryptocurrencyFederal student loansInterest rate reductionFederal reserveFungible cryptocurrency529 planPrepaid tuition planStudent loan repaymentUS Government debt
Ramakrishnan, Sharvesh, Tanush Gandikota, Rohan Raman, and Shireesh Apte. 2024. “A US Treasury Issued Fungible Cryptocurrency – the Interest Rate Reduction Token – Not Only Reduces the Outstanding Student Debt, but Also Makes a Profit for the US Government.” Journal of High School Science 8 (3): 470–79.