CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible – Finance Bitcoin News

  • 📰 BTCTN
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

ECB suggests that central bank digital currencies could be the “holy grail” of cross-border payments.

CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible

The review, co-authored by ECB’s Director-General for Market Infrastructure and Payments Ulrich Bindseil and economist George Pantelopoulos, explores various ways to achieve these objectives.

Two other solutions, the European Central Bank insists, combine technical feasibility and relative simplicity while maintaining a competitive and open architecture by avoiding the dominance of a small number of market participants who would eventually exploit their market power. The central bank believes these are:

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

There are stables like usdt for that. I don't think that those CBDCs will become popular.

ecb CBDC are going to be a pile of rubbish, designed to keep the people in financial slavery!! We want decentalised crypto/stable coins.

fuck no

Naaaahhh.... BITCOIN IS THE HOLY

😀

So they are going with XRP then

Bitcoin would definitely follow a very bullish trend,will be seeing a breakthrough to $25,000, invest with experts like Exprt__Olsen to make the best daily profits.

The Holy Orwellian Tracer i would say

It's good to have an opportunity to send usdt to another country

🤡🌍

😂

zetrix_official will be the pioneer in creating CBDC. They're already working on digital identifiers with government bodies, the first step in establishing cross-border transactions Zetrix Only a matter of time!

Whyy ain’t none bothered on talking about this

Why don’t they want us to know this?

Ain't you surprised to see nobodyyy is talkin about this.? .

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 531. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines