Like changing the name of the Gulf of Mexico to Gulf of America and drilling oil again is a shell game in essence, the same is when the term CBDC is changed to Stable Coin.
Semantics. I
t’s coming bc the cost saving and speed is not stopping the change from the Swift snd ACH money transfer methods.
Like changing the name of the Gulf of Mexico to Gulf of America and drilling oil again is a shell game in essence, the same is when the term CBDC is changed to Stable Coin.
Semantics. I
t’s coming bc the cost saving and speed is not stopping the change from the Swift snd ACH money transfer methods.
Actually not true.
CBDCs dont have public ledger.
CBDCs dont have anonymity
CBDCs are not backed by anything, unlike Stablecoins.
Stablecoins cannot be "expired" like CBDCs
Stablecoins cannot be restricted for specific use (like green stuff) like CBDCs.
Stablecoins (after regulation) and CBDCs are not even in the same category. They are the exact opposite.