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Research finds stablecoins and a CBDC can ‘have a future together’ in Canada
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Stablecoins and CBDCs are frequently being discussed of late. Regulators across the world, especially, have been weighing the pros and cons of these digital currencies and their implementation in their respective countries. A new report published by the C.D. Howe Institute in Canada considers this from a different point of view, that is linking stablecoins to a CBDC. The report is titled, “Two Sides of the Same Coin: why Stablecoins and a CBDC have a Future Together.”
Mark Zelmer, Senior Executive at the institute and Jeremy Kronick, Director of Research, released a report that discusses the potential future of stablecoins and CBDCs, giving a new narrative to a Canadian-dollar-linked stablecoin.
Unlike other types of cryptocurrencies,
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