I've been following the trend news of central banks creating their own digital currencies but a question have since then troubling my mind.
1. These new Central Bank coins are they going to be stable coins or not?
2. What will happen if they are not stable coins? If holding them will be profitable many will leave crypto space and focus on these new coins?
3. Maybe people will just use them as a plus since it's from the government?
4. Will regulations still come after this? I think other coins will be neglected and regulations will only be for coins from government?
I think coins originating from central banks can still be called fiat money because their supplies are controlled by the central bank and only other forms of paper money. The central bank can still increase supply in the market and I think there is no supply limit for this coin because the role of the central bank is to balance the value of the currency