Story: Ripple’s ODL will be Mainstream when CBDC become a Thing

Finance News By Ayobami Abiola

1 / 9 What does this mean for Stable Coins?

4 / 9 The Stock Market and CBDCs

5 / 9 In the next few years or months, Central Bank Digital Currency (CBDC) will become a thing. This will drive the adoption of Bitcoin since it is the inspiration for the development.

6 / 9 Fiat-backed Stablecoins will take on a new role, especially for widely known fiats like USD. They will serve as a bridge to the ecosystem of existing blockchains.

7 / 9 CBDCs are great because they will be based on blockchain technology. But, interoperability will continue to be an issue since each country will create its tailor-made blockchain.

8 / 9 There will be a need for central banks to find a neutral ground, a commonly accepted technology that can serve as a bridge.

9 / 9 The stock market might be taking a huge blow in the face with CBDCs since they are not made to list cryptos originally.

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