With the new BIS proposal, banks are unlikely to add stablecoins to their balance sheet. Fortunately, there is something better available.
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Blockchain: 1985-2014 The idea of cryptocurrency first emerged in the late 1980s. But it was only in 2008, when Satoshi Nakamoto published the white paper Bitcoin – A Peer to Peer Electronic Cash …
CBDC or stablecoin? There is a third way - tokenized deposits
Earlier this year, Citi published a paper entitled “ The Regulated Internet of Value ” (the “Citi Paper”). In it, Tony McLaughlin, Head of Emerging Payments and Business Development at Citi’s …
Mainstream, tech, and fintech media is bubbling with central bank digital currency (CBDC) chatter. The Bank for International Settlements (BIS) is performing excellent research on the topic . …
In discussions about central bank digital currencies (CBDCs), the term “two-tier model”, or some variant of it is frequently used. Unfortunately, the two-tier term is confusing as it can have very …
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