San Francisco Fed Hiring for Digital Currency Development


The Federal Reserve Bank of San Francisco is looking for software developers to help research and design a central bank digital currency (CBDC).

One job listing posted to LinkedIn is for a “Senior Application Architect – Digital Currency.” It was posted to LinkedIn less than a day ago and, after capturing attention across the crypto space, already garnered 23 applicants.

A central bank digital currency is a tokenized version of a country’s fiat currency. Similar to stablecoins, a CBDC’s value tracks that of a currency issued by a government like the U.S. dollar. But instead of being managed by private companies, a CBDC is issued by a central bank like the Federal Reserve.

The position is one of three job listings that were originally published 18 days ago on the Federal Reserve System Careers website. In addition to the Senior Application Architect, the federal bank is also hiring a Lead Application Developer and a Senior Application Developer for digital currency.

The Senior Application Architect hired by the San Fransisco Fed will play a critical role in both designing a…

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