Six Major Central Banks to Collaborate on Digital Currency Research

[newshunter]

Six Major Central Banks to Collaborate on Digital Currency Research

The central banks of Canada, the United Kingdom, Japan, European Union, Sweden and Switzerland and the Bank for International Settlements created a CBDC research group

Source: Six Major Central Banks to Collaborate on Digital Currency Research

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[Fenix]

Central banks are aware that cryptocurrency is now developing very fast and provides real new opportunities to quickly and cheaply transfer financial assets around the world. Of course, they will be primarily interested in the possibility of creating their own stable coins, and this process will require joint efforts and the exchange of information gained. Moreover, this process is already taking place in most states, and this year we can expect a massive appearance of national stable coins of various states. At the same time, this will mean the general popularization of decentralized cryptocurrency.