Altcoins News

Story: Stellar Development Foundation Meridian 2020 Discussion on CBDCs Vs Stable Coins

By Dan Saada

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John Kiff, Senior Financial Sector Expert, International Monetary Fund (IMF); Jason Chlipala, COO, Stellar Development Foundation; Carmelle Cadet Founder & CEO, Emtech during…

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Jason Chlipala stated that they will be talking about two very hot topics in the world of digital assets like CBCS and Stable coins.

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For clarity, CBDCs are Central Bank Issued Digital Currencies.  CBDCs are inspired directly by Bitcoin; however, CBDCs are lot different from virtual currency and…

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CBDCs are envisioned to become the new kind of Central Bank Money. They are also known as digital fiat currencies or digital base money.

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Reportedly, in the past couple of years, stable coins have just exploded.  The total supply of stable coins is now over 22 billion dollars.

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Stables coins in a way per Jason Chlipala are feeling like killer apps on blockchain.  And, then there are also CBDCs increasingly in the public eye and increasingly on the…

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So, these are incredibly important topics or ideas in the industry.  John Kiff and Carmelle Cadet expressed their views on how both of these could co-exist.

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The discussion clarifies on the different colors of CBDCs and on how it is not just one thing.  There is a landscape intro of who is doing what in this regard.

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