Hello crypto lovers! đ
CBDCs (Central Bank Digital Currencies) have been talked about a lot lately, but it seems like it will take at least 20 years for them to become widespread on a global scale. So far, only the Bahamas, Nigeria, and Jamaica have fully implemented CBDC.
- In 2020, only 35 countries were exploring CBDC, now that number has increased to 134.
- Public support in the US is low: Only 16% support CBDC.
- Stablecoins stand out as a more realistic alternative. For example, Tether has a 75% market share.
Do you think CBDCs or stablecoins will be the money of the future? Let's meet in the comments! đŹ