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Can CBDCs and stablecoins co-exist?
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moneycontrol.comGiven the rapid increase in the use of digital assets, the global economy might see a conflict emerging between CBDCs (central bank digital currencies) and stablecoins. Consumer payment habits are evolving as the economy continues to digitalize.
In many jurisdictions, the use of cash--the only form of central bank money available to the people—is declining, and the pandemic has hastened this trend. Before getting into the nitty-gritty of the matter, it's essential to know briefly about both.
A CBDC is...
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