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cbdc
2 stories related to this topic, newest first.
CoinDeskfinance13 hrs agoDeveloping
Lagarde Calls for Europe to Prioritize ECB Digital Euro Over Private Stablecoins
European Central Bank President Christine Lagarde warned Friday that large stablecoins such as Tether and USDC, which dominate a $310 billion market, pose financial stability risks. She spoke as a consortium of 12 major European banks plans to launch a privately issued digital eu…
thehindu.comworld15 days agoDeveloping
India Pilots E-Rupee to Improve Welfare Payment System
India is testing its central bank digital currency, the e-rupee, through a pilot program aimed at enhancing its $80 billion welfare system. A farmer in Phulenagar used the digital funds to install irrigation equipment on his onion farm. The initiative seeks to address issues of c…