A mandate also requires all ‘member banks’ set up a ‘pass-through digital dollar wallet’ to any or all customers qualified to receive the stimulus. Member banks include those banks which are ‘members’ of this Federal Reserve and regulated by the Fed. Additionally, ‘Non-Member’ state banks – the ones that not members of this Federal Reserve and regulated by the FDIC – could opt-in to supply pass-through dollar that is digital as well.

The Federal Reserve banks themselves would also make available a dollar that is digital to any U.S. person eligible for the payments as well. Additionally, the U.S. Postal Service would aim to help unbanked individuals and/or those without proper ID to establish their identity be provided a dollar that is digital, and would put up ATMs for customers to gain access to their funds.