Latin America Leads CBDC Adoption: A Roadmap for Digital Finance Revolution

Latin America Leads CBDC Adoption: A Roadmap for Digital Finance Revolution

Latin American countries have been making steady progress towards CBDCs. According to a report by the International Monetary Fund (IMF), the majority of central banks in the region are currently evaluating CBDCs. While most of the research and development is still in the early stages, a few nations have made significant strides towards the launch […]

Gold-Backed Digital Currency May Help Zimbabwe Hedge Against Inflation

Gold-Backed Digital Currency May Help Zimbabwe Hedge Against Inflation

Source: BeInCrypto Zimbabwe’s central bank will launch a gold-backed digital currency, the national newspaper, The Sunday Mail reports. And although technically the tokens could be considered a form of central bank digital currency (CBDC), they are better thought of as digital gold. Digital Gold as a Hedge Against Inflation The new gold-backed tokens are being issued in […]

Ethereum Merge Could Affect Stablecoins & DeFi Protocols, Says Report

Original Source: BeInCrypto Ethereum’s transition to a proof-of-stake (PoS) network could affect DeFi protocols and stablecoins running on the blockchain network, DappRadar revealed in a new report. According to the report, the stablecoin market is huge, and its use on public blockchains like Ethereum has grown significantly making them integral to DeFi operations. The report noted that Ethereum Merge could affect the stability […]

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