cbdc
28.6M views
114,104 Discussing
Hot
Latest
$BTC ECB Digital Euro Set to Undercut Visa & Mastercard Fees
The European Central Bank just dropped a bombshell on the payments industry.
ECB board member Piero Cipollone revealed that the upcoming Digital Euro will cost merchants less than international card networks — directly challenging giants like Visa and Mastercard. While fees may remain slightly above some domestic payment schemes, the message is clear: Europe wants cheaper, sovereign digital payments.
This isn’t just about convenience.
It’s about control, competitiveness, and cutting reliance on global intermediaries.
If transaction costs fall across the eurozone, traditional card networks could feel serious pressure — and fintech disruption may accelerate fast.
The Digital Euro isn’t just another CBDC experiment… it’s a direct strike at legacy payment rails.
Will this reshape Europe’s financial system — and spill into crypto markets next?
Follow Wendy for more latest updates
#DigitalEuro #CBDC #Crypto
The European Central Bank just dropped a bombshell on the payments industry.
ECB board member Piero Cipollone revealed that the upcoming Digital Euro will cost merchants less than international card networks — directly challenging giants like Visa and Mastercard. While fees may remain slightly above some domestic payment schemes, the message is clear: Europe wants cheaper, sovereign digital payments.
This isn’t just about convenience.
It’s about control, competitiveness, and cutting reliance on global intermediaries.
If transaction costs fall across the eurozone, traditional card networks could feel serious pressure — and fintech disruption may accelerate fast.
The Digital Euro isn’t just another CBDC experiment… it’s a direct strike at legacy payment rails.
Will this reshape Europe’s financial system — and spill into crypto markets next?
Follow Wendy for more latest updates
#DigitalEuro #CBDC #Crypto
BTCUSDT
Perp
20X
Opening Long
Unrealized PNL
+851.00%
🚨 $BTC | Big Move from Europe! 🇪🇺💶
The European Central Bank just shook the payments world 👀
ECB board member Piero Cipollone revealed that the upcoming Digital Euro could cost merchants less than Visa and Mastercard fees 💥
Yes… cheaper than global card giants.
This isn’t just about saving a few cents per transaction.
It’s about:
🔹 Financial sovereignty
🔹 Reducing reliance on U.S. payment networks
🔹 Boosting Europe’s competitiveness
🔹 Reshaping digital payments at scale
If merchant fees drop across the eurozone, traditional card networks could feel serious pressure ⚡
And when payment rails shift… fintech and crypto feel it next.
Here’s the bigger picture 👇
CBDCs competing with private networks
Governments pushing control
Crypto offering decentralization
The payment war is heating up 🔥
Will the Digital Euro disrupt legacy finance… and indirectly fuel Bitcoin adoption?
Smart money is watching closely.
What’s your take? Bullish for crypto or threat to decentralization? 🤔
#BTC #digitaleuro #CBDC #CryptoNews #MarketSentimentToday
The European Central Bank just shook the payments world 👀
ECB board member Piero Cipollone revealed that the upcoming Digital Euro could cost merchants less than Visa and Mastercard fees 💥
Yes… cheaper than global card giants.
This isn’t just about saving a few cents per transaction.
It’s about:
🔹 Financial sovereignty
🔹 Reducing reliance on U.S. payment networks
🔹 Boosting Europe’s competitiveness
🔹 Reshaping digital payments at scale
If merchant fees drop across the eurozone, traditional card networks could feel serious pressure ⚡
And when payment rails shift… fintech and crypto feel it next.
Here’s the bigger picture 👇
CBDCs competing with private networks
Governments pushing control
Crypto offering decentralization
The payment war is heating up 🔥
Will the Digital Euro disrupt legacy finance… and indirectly fuel Bitcoin adoption?
Smart money is watching closely.
What’s your take? Bullish for crypto or threat to decentralization? 🤔
#BTC #digitaleuro #CBDC #CryptoNews #MarketSentimentToday
🚀 ECB DIGITAL EURO PILOT CONFIRMED
The European Central Bank (ECB) has outlined the next phase for the digital euro initiative. Key updates:
• Payment providers expected to be selected this quarter
• Digital euro pilot scheduled for the second half of 2027
• 12-month trial period confirmed
• Designed to strengthen European payment sovereignty
• Banks will remain central to the Eurozone payment ecosystem
• Strategic response to stablecoins and global card networks
The digital euro aims to protect European card systems while ensuring the region remains competitive in the evolving digital payments landscape. This development could reshape how retail payments function across the Eurozone and may influence the broader crypto market, including $BTC and $ETH .
⚠️ Disclaimer: This is not financial advice.
#digitaleuro #CBDC #CryptoNews
$BTC
The European Central Bank (ECB) has outlined the next phase for the digital euro initiative. Key updates:
• Payment providers expected to be selected this quarter
• Digital euro pilot scheduled for the second half of 2027
• 12-month trial period confirmed
• Designed to strengthen European payment sovereignty
• Banks will remain central to the Eurozone payment ecosystem
• Strategic response to stablecoins and global card networks
The digital euro aims to protect European card systems while ensuring the region remains competitive in the evolving digital payments landscape. This development could reshape how retail payments function across the Eurozone and may influence the broader crypto market, including $BTC and $ETH .
⚠️ Disclaimer: This is not financial advice.
#digitaleuro #CBDC #CryptoNews
$BTC
🚨💥 $BTC
| ECB’s Digital Euro Set to Undercut Visa & Mastercard Fees 💶⚡
The European Central Bank (ECB) just dropped a bombshell on the global payments industry… and the shockwaves could be massive. 🌍
ECB board member Piero Cipollone revealed that the upcoming Digital Euro will cost merchants less than international card networks — directly challenging giants like Visa and Mastercard.
💳➡️💶 A cheaper alternative.
🇪🇺 A sovereign digital payment rail.
🔥 A direct strike at legacy systems.
While fees may remain slightly above some domestic schemes, the message is crystal clear:
👉 Europe wants lower costs
👉 Europe wants control
👉 Europe wants less reliance on global intermediaries
This isn’t just about convenience.
This is about financial sovereignty and reshaping the eurozone’s payment infrastructure.
If transaction costs fall across Europe, traditional card networks could feel serious pressure. And when incumbents get squeezed?
⚡ Fintech disruption accelerates.
⚡ Innovation speeds up.
⚡ Markets react.
The Digital Euro isn’t just another CBDC experiment…
It’s a calculated move to challenge decades-old payment dominance.
Now the real question is 👇
Will this transformation stay within traditional finance — or will it spill over into crypto markets next? 🚀
Because when governments modernize money… $BTC and digital assets are always part of the bigger conversation.
Follow Wendy for the latest updates 🔔
#digitaleuro #CBDC #crypto
| ECB’s Digital Euro Set to Undercut Visa & Mastercard Fees 💶⚡
The European Central Bank (ECB) just dropped a bombshell on the global payments industry… and the shockwaves could be massive. 🌍
ECB board member Piero Cipollone revealed that the upcoming Digital Euro will cost merchants less than international card networks — directly challenging giants like Visa and Mastercard.
💳➡️💶 A cheaper alternative.
🇪🇺 A sovereign digital payment rail.
🔥 A direct strike at legacy systems.
While fees may remain slightly above some domestic schemes, the message is crystal clear:
👉 Europe wants lower costs
👉 Europe wants control
👉 Europe wants less reliance on global intermediaries
This isn’t just about convenience.
This is about financial sovereignty and reshaping the eurozone’s payment infrastructure.
If transaction costs fall across Europe, traditional card networks could feel serious pressure. And when incumbents get squeezed?
⚡ Fintech disruption accelerates.
⚡ Innovation speeds up.
⚡ Markets react.
The Digital Euro isn’t just another CBDC experiment…
It’s a calculated move to challenge decades-old payment dominance.
Now the real question is 👇
Will this transformation stay within traditional finance — or will it spill over into crypto markets next? 🚀
Because when governments modernize money… $BTC and digital assets are always part of the bigger conversation.
Follow Wendy for the latest updates 🔔
#digitaleuro #CBDC #crypto
$BTC ECB Digital Euro Set to Undercut Visa & Mastercard Fees
The European Central Bank just dropped a bombshell on the payments industry.
ECB board member Piero Cipollone revealed that the upcoming Digital Euro will cost merchants less than international card networks — directly challenging giants like Visa and Mastercard. While fees may remain slightly above some domestic payment schemes, the message is clear: Europe wants cheaper, sovereign digital payments.$BTC
This isn’t just about convenience.
It’s about control, competitiveness, and cutting reliance on global intermediaries.
If transaction costs fall across the eurozone, traditional card networks could feel serious pressure — and fintech disruption may accelerate fast.
The Digital Euro isn’t just another CBDC experiment… it’s a direct strike at legacy payment rails.$BTC
Will this reshape Europe’s financial system — and spill into crypto markets next?
Follow Wendy for more latest updates
#DigitalEuro #CBDC #Crypto
The European Central Bank just dropped a bombshell on the payments industry.
ECB board member Piero Cipollone revealed that the upcoming Digital Euro will cost merchants less than international card networks — directly challenging giants like Visa and Mastercard. While fees may remain slightly above some domestic payment schemes, the message is clear: Europe wants cheaper, sovereign digital payments.$BTC
This isn’t just about convenience.
It’s about control, competitiveness, and cutting reliance on global intermediaries.
If transaction costs fall across the eurozone, traditional card networks could feel serious pressure — and fintech disruption may accelerate fast.
The Digital Euro isn’t just another CBDC experiment… it’s a direct strike at legacy payment rails.$BTC
Will this reshape Europe’s financial system — and spill into crypto markets next?
Follow Wendy for more latest updates
#DigitalEuro #CBDC #Crypto
ECB Digital Euro Pilot LAUNCHING SOON! $2027 Deadline Looms!
The ECB is selecting payment providers THIS QUARTER. The digital euro pilot program kicks off in late 2027. This is huge. It's designed to protect European payment systems and keep banks central. They are directly competing with stablecoins and global card networks. Prepare for massive shifts.
Disclaimer: This is not financial advice.
#DigitalEuro #CBDC #CryptoNews #ECB 🚀
The ECB is selecting payment providers THIS QUARTER. The digital euro pilot program kicks off in late 2027. This is huge. It's designed to protect European payment systems and keep banks central. They are directly competing with stablecoins and global card networks. Prepare for massive shifts.
Disclaimer: This is not financial advice.
#DigitalEuro #CBDC #CryptoNews #ECB 🚀
🚀 ECB DIGITAL EURO PILOT CONFIRMED
The European Central Bank (ECB) has outlined the next phase for the digital euro initiative. Key updates:
• Payment providers expected to be selected this quarter
• Digital euro pilot scheduled for the second half of 2027
• 12-month trial period confirmed
• Designed to strengthen European payment sovereignty
• Banks will remain central to the Eurozone payment ecosystem
• Strategic response to stablecoins and global card networks
The digital euro aims to protect European card systems while ensuring the region remains competitive in the evolving digital payments landscape. This development could reshape how retail payments function across the Eurozone and may influence the broader crypto market, including $BTC and $ETH .
⚠️ Disclaimer: This is not financial advice.
#digitaleuro #CBDC #CryptoNews
$BTC
The European Central Bank (ECB) has outlined the next phase for the digital euro initiative. Key updates:
• Payment providers expected to be selected this quarter
• Digital euro pilot scheduled for the second half of 2027
• 12-month trial period confirmed
• Designed to strengthen European payment sovereignty
• Banks will remain central to the Eurozone payment ecosystem
• Strategic response to stablecoins and global card networks
The digital euro aims to protect European card systems while ensuring the region remains competitive in the evolving digital payments landscape. This development could reshape how retail payments function across the Eurozone and may influence the broader crypto market, including $BTC and $ETH .
⚠️ Disclaimer: This is not financial advice.
#digitaleuro #CBDC #CryptoNews
$BTC
ECB LAUNCHES DIGITAL EURO PILOT $2027ECB selects payment providers this quarter.
Digital euro pilot launches second half of 2027.
12-month trial period confirmed.
This move protects European card systems.
Banks remain central to Eurozone payments.
Competing with stablecoins and international card networks.
$BTC $ETH
Disclaimer: This is not financial advice.
#DigitalEuro #CBDC #CryptoNews 🚀
Digital euro pilot launches second half of 2027.
12-month trial period confirmed.
This move protects European card systems.
Banks remain central to Eurozone payments.
Competing with stablecoins and international card networks.
$BTC $ETH
Disclaimer: This is not financial advice.
#DigitalEuro #CBDC #CryptoNews 🚀
EUROPE LAUNCHES DIGITAL CURRENCY TEST $EUR
US TO LOSE TOP DEVELOPERS OR ACT NOW
CFTC FIGHTS FOR PREDICTION MARKETS
Europe is going digital. The ECB begins its CBDC pilot in Q1 2026. This is a seismic shift. Meanwhile, the US faces a talent exodus. Coin Center warns lawmakers: protect crypto developers or lose innovation. The CFTC is drawing a line in the sand. They are defending prediction markets against state overreach. Federal authority is absolute. This is a pivotal moment for global finance and digital assets. Act decisively.
Disclaimer: For informational purposes only. Not investment advice.
#CBDC #CryptoRegulation #USPolitics 🚀
US TO LOSE TOP DEVELOPERS OR ACT NOW
CFTC FIGHTS FOR PREDICTION MARKETS
Europe is going digital. The ECB begins its CBDC pilot in Q1 2026. This is a seismic shift. Meanwhile, the US faces a talent exodus. Coin Center warns lawmakers: protect crypto developers or lose innovation. The CFTC is drawing a line in the sand. They are defending prediction markets against state overreach. Federal authority is absolute. This is a pivotal moment for global finance and digital assets. Act decisively.
Disclaimer: For informational purposes only. Not investment advice.
#CBDC #CryptoRegulation #USPolitics 🚀
🚨💶 Europe’s Digital Euro Could Shake Up Payments ⚡
The European Central Bank (ECB) is launching the Digital Euro, a new digital currency for everyday payments. Merchants could pay lower fees than they do with Visa or Mastercard, giving Europe a sovereign alternative to global card networks.
In simple terms:
Transactions could be cheaper and faster.
Europe gains more control over its payment system.
Traditional payment networks may face pressure to adapt.
Why it matters:
Lower costs and a government-backed digital currency could accelerate fintech innovation and even influence crypto adoption, as governments modernize how money moves.
This isn’t just a tech experiment — it’s a step toward reshaping Europe’s financial landscape.
💡 The question now: How will this ripple into the global payments and crypto ecosystem?
#DigitalEuro #CBDC #Crypto #Fintech
The European Central Bank (ECB) is launching the Digital Euro, a new digital currency for everyday payments. Merchants could pay lower fees than they do with Visa or Mastercard, giving Europe a sovereign alternative to global card networks.
In simple terms:
Transactions could be cheaper and faster.
Europe gains more control over its payment system.
Traditional payment networks may face pressure to adapt.
Why it matters:
Lower costs and a government-backed digital currency could accelerate fintech innovation and even influence crypto adoption, as governments modernize how money moves.
This isn’t just a tech experiment — it’s a step toward reshaping Europe’s financial landscape.
💡 The question now: How will this ripple into the global payments and crypto ecosystem?
#DigitalEuro #CBDC #Crypto #Fintech
📢🇪🇺 Game Changer Alert: Digital Euro Set to Shake Up Global Payments! 💥
$BTC The European Central Bank (ECB) just made a huge announcement that could send ripples across the entire financial world! 🌊
ECB board member Piero Cipollone confirmed that the upcoming Digital Euro is designed to offer significantly lower fees for merchants compared to the big international card networks like Visa and Mastercard. This isn't just a small tweak; it's a direct challenge to the established order!
💰 What does this mean?
• Cost-Effective: A more affordable way for businesses to process payments. • Sovereign System: Europe aiming for its own independent digital payment infrastructure. • Direct Competition: Putting pressure on traditional payment giants.
While it might still be a bit more expensive than some existing domestic payment methods, the message from Europe is loud and clear: they want to cut costs, regain control, and reduce dependence on global intermediaries.
This initiative is about more than just $convenience; it's a strategic move towards financial sovereignty and a complete overhaul of the eurozone's payment landscape. If transaction costs drop across Europe, traditional card networks will undoubtedly feel the heat. And you know what happens when the big players get squeezed?
⚡️ Fintech innovation kicks into high gear!
⚡️ Disruption accelerates!
⚡️ Markets react BIG time!
The Digital Euro is far from just another CBDC experiment. It's a calculated, bold move to disrupt decades of payment network dominance.
Now, here's the burning question: Will this financial transformation remain within the boundaries of traditional finance, or will its influence eventually spill over into the crypto markets? 🚀 Because whenever governments begin to modernize money, you can bet that $BTC and other digital assets are always part of that broader conversation.
#DigitalEuro #BTC #CBDC #Crpto
ECB board member Piero Cipollone confirmed that the upcoming Digital Euro is designed to offer significantly lower fees for merchants compared to the big international card networks like Visa and Mastercard. This isn't just a small tweak; it's a direct challenge to the established order!
💰 What does this mean?
• Cost-Effective: A more affordable way for businesses to process payments. • Sovereign System: Europe aiming for its own independent digital payment infrastructure. • Direct Competition: Putting pressure on traditional payment giants.
While it might still be a bit more expensive than some existing domestic payment methods, the message from Europe is loud and clear: they want to cut costs, regain control, and reduce dependence on global intermediaries.
This initiative is about more than just $convenience; it's a strategic move towards financial sovereignty and a complete overhaul of the eurozone's payment landscape. If transaction costs drop across Europe, traditional card networks will undoubtedly feel the heat. And you know what happens when the big players get squeezed?
⚡️ Fintech innovation kicks into high gear!
⚡️ Disruption accelerates!
⚡️ Markets react BIG time!
The Digital Euro is far from just another CBDC experiment. It's a calculated, bold move to disrupt decades of payment network dominance.
Now, here's the burning question: Will this financial transformation remain within the boundaries of traditional finance, or will its influence eventually spill over into the crypto markets? 🚀 Because whenever governments begin to modernize money, you can bet that $BTC and other digital assets are always part of that broader conversation.
#DigitalEuro #BTC #CBDC #Crpto
🚨 RAY DALIO'S CBDC WARNING: YOUR FINANCIAL PRIVACY IS UNDER ATTACK!
The Central Bank Digital Currencies rollout is a direct threat to your wealth freedom. Ray Dalio confirms what we knew: this is not innovation, it's financial surveillance.
• Governments track every single transaction.
• Instant taxes, frozen funds, and access cut off at their whim.
This is the ultimate power grab. $GHST, $ATM, $pippin and decentralized assets are your ONLY shield against this total control. The time to secure your bags is NOW. Do not let them seize your future.
#Crypto #CBDC #Privacy #FinancialFreedom #DeFi
🚨
The Central Bank Digital Currencies rollout is a direct threat to your wealth freedom. Ray Dalio confirms what we knew: this is not innovation, it's financial surveillance.
• Governments track every single transaction.
• Instant taxes, frozen funds, and access cut off at their whim.
This is the ultimate power grab. $GHST, $ATM, $pippin and decentralized assets are your ONLY shield against this total control. The time to secure your bags is NOW. Do not let them seize your future.
#Crypto #CBDC #Privacy #FinancialFreedom #DeFi
🚨
CBDCS ARE COMING. YOUR MONEY IS NOT YOURS.
Ray Dalio screams alarm. Central Bank Digital Currencies are on the horizon. This means zero financial privacy. Every transaction will be tracked. Instant taxes. Funds frozen at will. Your access can be cut for any reason. This is not progress. It's total financial surveillance. Get ready.
This is not financial advice.
#CBDC #FinancialFreedom #Privacy #Crypto 🚨
Ray Dalio screams alarm. Central Bank Digital Currencies are on the horizon. This means zero financial privacy. Every transaction will be tracked. Instant taxes. Funds frozen at will. Your access can be cut for any reason. This is not progress. It's total financial surveillance. Get ready.
This is not financial advice.
#CBDC #FinancialFreedom #Privacy #Crypto 🚨
🇩🇪🏦 The President of the Central Bank of Germany, Deutsche Bundesbank, has expressed support for introducing a central bank digital currency (CBDC) linked to the euro. Additionally, he endorsed stablecoins denominated in euros for payment transactions.
#stablecoin #CBDC #Germany #MarketRebound
#stablecoin #CBDC #Germany #MarketRebound
The world of finance is changing right before our eyes. We are used to using private stablecoins for trading, but
The world of finance is changing right before our eyes. We are used to using private stablecoins for trading, but true heavyweights are entering the arena — government digital currencies (CBDCs).
ㅤ
What is the main difference?
ㅤ
If a private company stands behind conditional USDC, then a government stablecoin is backed by the country's central bank. This is a completely different level of obligations and integration into the economy.
ㅤ
What is the main difference?
ㅤ
If a private company stands behind conditional USDC, then a government stablecoin is backed by the country's central bank. This is a completely different level of obligations and integration into the economy.
EURO STABLECOINS UNLEASHED! $EUR
EU POISED FOR MASSIVE INDEPENDENCE. The Deutsche Bundesbank President is championing euro-denominated stablecoins. This move liberates Europe from dollar dominance. Retail CBDCs are in the works for swift implementation. Wholesale CBDCs will unlock programmable payments with central bank money. Individuals and businesses will see ultra-low-cost cross-border transactions. This is a direct response to the US regulatory framework for stablecoins. Europe is seizing control of its financial future. Don't get left behind.
Disclaimer: This is not financial advice.
#CBDC #Stablecoin #Euro #DeFi 🚀
EU POISED FOR MASSIVE INDEPENDENCE. The Deutsche Bundesbank President is championing euro-denominated stablecoins. This move liberates Europe from dollar dominance. Retail CBDCs are in the works for swift implementation. Wholesale CBDCs will unlock programmable payments with central bank money. Individuals and businesses will see ultra-low-cost cross-border transactions. This is a direct response to the US regulatory framework for stablecoins. Europe is seizing control of its financial future. Don't get left behind.
Disclaimer: This is not financial advice.
#CBDC #Stablecoin #Euro #DeFi 🚀
NEW: 🇩🇪🇪🇺 Germany’s central bank chief signals support for euro-backed stablecoins and a retail CBDC to reduce Europe’s reliance on the U.S. dollar.
The push highlights growing momentum inside the EU to strengthen the euro’s role in digital payments and cross-border settlements — and to limit external currency dependence.
If implemented, euro-denominated stablecoins and a retail digital euro could reshape the region’s payments landscape and accelerate monetary digitization across Europe.
Strategic shift or long-term challenge to dollar dominance?
#Germany #Euro #CBDC #Stablecoins
The push highlights growing momentum inside the EU to strengthen the euro’s role in digital payments and cross-border settlements — and to limit external currency dependence.
If implemented, euro-denominated stablecoins and a retail digital euro could reshape the region’s payments landscape and accelerate monetary digitization across Europe.
Strategic shift or long-term challenge to dollar dominance?
#Germany #Euro #CBDC #Stablecoins
#bainancecis Thread 1: What are state-backed stablecoins? Introduction to the world of digital currencies
🧵1/5 Friends from the CIS! In the era of digitalization, money is evolving. Do you know about stablecoins issued by governments? These are digital assets pegged to national currencies or gold, fully backed by central banks. They are stable like fiat, but fast like blockchain!
Why is this important? They reduce transfer costs, enhance financial inclusion, and protect against crypto volatility. Binance CIS supports such innovations — after all, the future of finance is digital! #Stablecoins #BinanceCIS ece5b1
🧵2/5 Example: Chinese e-CNY (digital yuan). Launched by the People's Bank of China in 2020, it is already used by millions for payments. Fully controlled by the state, integrated into WeChat and Alipay. A stability of 1:1 to the yuan — perfect for everyday spending!
In the CIS, we see similar steps. #CBDC #DigitalYuan
🧵3/5 The Bahamas with Sand Dollar (since 2020) — the world's first fully functional CBDC. Pegged to the Bahamian dollar, it operates on blockchain for island transfers. No bank accounts needed — just download the app! This is a model for small economies.
And in Nigeria, eNaira fights dollarization by simplifying remittances. #SandDollar #eNaira edacbf#bainancecis
🧵1/5 Friends from the CIS! In the era of digitalization, money is evolving. Do you know about stablecoins issued by governments? These are digital assets pegged to national currencies or gold, fully backed by central banks. They are stable like fiat, but fast like blockchain!
Why is this important? They reduce transfer costs, enhance financial inclusion, and protect against crypto volatility. Binance CIS supports such innovations — after all, the future of finance is digital! #Stablecoins #BinanceCIS ece5b1
🧵2/5 Example: Chinese e-CNY (digital yuan). Launched by the People's Bank of China in 2020, it is already used by millions for payments. Fully controlled by the state, integrated into WeChat and Alipay. A stability of 1:1 to the yuan — perfect for everyday spending!
In the CIS, we see similar steps. #CBDC #DigitalYuan
🧵3/5 The Bahamas with Sand Dollar (since 2020) — the world's first fully functional CBDC. Pegged to the Bahamian dollar, it operates on blockchain for island transfers. No bank accounts needed — just download the app! This is a model for small economies.
And in Nigeria, eNaira fights dollarization by simplifying remittances. #SandDollar #eNaira edacbf#bainancecis
Central bank digital currencies (CBDCs) are a new global trend.
ㅤ
Unlike the familiar private USDT or USDC, these digital assets are issued and controlled directly by the central banks of countries. This is a bridge between the reliability of fiat and the speed of blockchain.
The CIS also has its innovators! Kyrgyzstan is actively exploring the implementation of $KGST (digital som). This is a significant step towards economic transparency and accelerating government payments.
Keep an eye on macro trends with Binance!
#BinanceCIS #CryptoEducation #KGST #CBDC #Стейблкоины $KGST
ㅤ
Unlike the familiar private USDT or USDC, these digital assets are issued and controlled directly by the central banks of countries. This is a bridge between the reliability of fiat and the speed of blockchain.
The CIS also has its innovators! Kyrgyzstan is actively exploring the implementation of $KGST (digital som). This is a significant step towards economic transparency and accelerating government payments.
Keep an eye on macro trends with Binance!
#BinanceCIS #CryptoEducation #KGST #CBDC #Стейблкоины $KGST
Login to explore more contents