Stablecoins are basically unofficial #CBDCs.
Both aim to offer a stable digital currency, but stablecoins are issued by private companies while CBDCs are controlled by central banks.
#Centralbanks are rushing to develop their CBDCs to maintain control over monetary policy, ensure financial stability, and keep up with digital currency trends.
They don't want to be left behind in the evolving digital economy. #Crypto #CBDC #Stablecoins #DigitalCurrency