Post
Topic
Board Economics
Re: USDC and Banking
by
avikz
on 19/05/2022, 06:14:50 UTC
I think USDC is making their move to introduce CBDC into the market.

And may I ask you, how?? USDC is a crypto company and CBDC is a "central bank digital currency". So not just USDC, rather any commercial banks can't introduce CBDC unless specifically authorised or instructed by the central bank of that country. So regardless of the fact whether the company had purchased a bank or not, CBDC is not something they can operate legally.

Quote
So the question is... Are you ready and prepared for the CBDCs?

If I look from the perspective of convenience, then CBDC is great. But if I am looking from the perspective of my financial privacy, then it's a bad thing that can happen in my life. Now choose accordingly.