🚀UAE Central Bank's digital dirham goes international! 🌍 The bank celebrated its golden jubilee by sending a whopping 50 million dirhams ($13.6M) to China via the mBridge platform. Sheikh Mansour himself initiated the transfer, talk about a royal touch!👑
mBridge, a 2021 brainchild, unites China, Hong Kong, Thailand, and the UAE with the BIS for some CBDC magic. It's like the Avengers of finance!💥
But not everyone's thrilled. US Rep. Maxine Waters worries about potential misuse to dodge sanctions.🤔
With 90% of central banks worldwide eyeing CBDCs, the future of money is getting a digital makeover.💱
What do you think about the rise of CBDCs? Share your thoughts below!👇 #DeFi #Web3 #CBDC