What effect would CBDCs have on stablecoins? As of right now, about a hundred countries are exploring options for the new type of central bank.
stood out as one of the ways for fiat currency to harness a part of what cryptocurrencies achieve today.
over 95% of global GDP — have either launched or are researching and developing their own versions of CBDC.With CBDCs joining the race to dominate the future of finance, the relevance of the stablecoin ecosystem — cryptocurrencies backed 1:1 with fiat, such as the United States dollar — comes into question.
Wholesale CBDC: It is mainly issued to commercial banks and other large financial institutions for large-value payment settlement.
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