CBDC or Stablecoins... Is That Even the Question? - TOKEN2049 London 2022
Explore the intriguing dynamics between Central Bank Digital Currencies (CBDCs) and stablecoins in the insightful talk, "CBDC or Stablecoins... Is That Even the Question?," presented at TOKEN2049 London 2022. Join a former central banker currently at the forefront of digital asset innovation as they unravel the evolving landscape of digital currencies.
The talk delves into the motivations behind central banks' exploration of digital currencies, including factors like monetary and financial stability, financial inclusion, and the transformative potential of programmable money. With stablecoins offering near-instantaneous transactions and regulated banks bringing trust to the table, the competitive edge and innovation landscape between CBDCs and stablecoins are comprehensively explored.
Discover real-world experimentation, such as the issuance of stablecoins by ANZ Bank in Australia, and gain insights into global regulatory responses, like Europe's stringent MiCA rules and the diverse approaches in the U.S. and the UK. The session also examines the pioneering efforts in countries like China, Nigeria, Australia, Brazil, and India, highlighting their unique contributions to the digital currency realm.
As the speaker envisions a collaborative future where CBDCs supplement stablecoins, offering privacy and interoperability, this talk provides a comprehensive outlook on the opportunities and challenges leading to a global ecosystem of digital currencies.
For an engaging exploration of digital currency transformation, be sure to like, comment, and subscribe for more insights from TOKEN2049.
