CBDCs will not impact private stablecoin market, says Tether CTO

CBDCs will not impact private stablecoin market, says Tether CTO
фото показано с : cointelegraph.com

2022-3-10 12:27

Tether chief technology officer Paolo Ardoino claimed CBDCs would primarily replace the age-old payment systems and utilize private blockchain as a modern and cost-controlled tech infrastructure.

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cbdcs private tether age-old payment infrastructure replace

cbdcs private → Результатов: 24


Техдиректор Tether: распространение CBDC не повлияет на рынок стейблкоинов

Распространение цифровых валют центральных банков (CBDC) не повлияет на рынок стейблкоинов. Об этом заявил технический директор стоящей за USDT компании Tether Паоло Ардоино. 3/- CBDCs will use private blockchain as modern and cost-controlled tech infrastructure - CBDCs won't be issued on your favourite chain, private stablecoins will continued to serve that use casePoint being: tech evolves but nothing actually changes.

2022-3-10 14:29


Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC

Central bank money ensures public trust in money and supports public welfare, said the global body policymaker in its latest report on central bank digital currencies (CBDCs). With new forms of digital money issued by the private sector, such as stablecoins emerging, which has accelerated since the Covid-19 pandemic began, central banks are also ensuring […] The post Significant Stablecoin Adoption Could Result in “Excessive Market Power,” says BIS Report on CBDC first appeared on BitcoinExchangeGuide.

2021-10-1 18:12


French Central Bank Settles $2.4 Million Simulated Monetary Shares in CBDC Pilot

Banque de France has announced that it successfully settled €2 million (US$2. 43 million) worth of simulated monetary shares on a private blockchain network as part of its CBDC pilot. The central bank, which has previously expressed openness to the idea of CBDCs, said that the pilot began on Dec 17 with the support of private […] The post French Central Bank Settles .

2021-1-21 22:25


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BIS Says CBDCs Likely Better than Private Stablecoins Like Libra

The Bank for International Settlements is the latest major financial organization looking to implement industry-standard regulations in the stablecoins arena. Meanwhile, several nations are also working towards creating their own central bank digital currencies (CBDCs) which are seen by some commentators as being driven by private stablecoin projects like Facebook’s Libra.

2020-11-26 02:01


CBDC’s Offer Better Privacy Propositions Than Big Tech Digital Currencies: New York Fed

The research paper titled, “Monetizing Privacy,” by Rodney Garratt Professor of Economics at the University of California, Santa Barbara (UCSB) and Michael Lee, an economist at Federal Reserve Banks – Federal Reserve Bank of New York, states that central bank digital currency (CBDCs) will outperform the private company-based stablecoins such as Libra in protecting the […] The post CBDC’s Offer Better Privacy Propositions Than Big Tech Digital Currencies: New York Fed first appeared on BitcoinExchangeGuide.

2020-11-25 22:43


Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan

The deputy governor of the Bank of Japan, Masayoshi Amamiya, has warned that the creation of crypto by central banks could have a negative impact on economies, Reuters reports. According to Amamiya, Central Bank Digital Currencies (CBDCs) had the potential to take away the credit channels of commercial banks if they managed to replace private […] The post Central Bank Crypto Could Damage Entire Economies, Warns Bank of Japan appeared first on CCN Markets

2019-7-6 17:36