The reply could also be of worldwide curiosity. Governments all over the place are beneath strain from expertise. Stablecoins, pegged 1:1 to the greenback or the euro, are rising as a haven of worth for individuals who commerce unstable cryptocurrencies. Artificial non-public money would possibly go mainstream when social-media giants put the facility of their networks behind stablecoins. As an illustration, Meta Platforms Inc. (previously Fb Inc.) is backing Diem, a yet-to-be-launched token that may be despatched instantaneously to anybody, anyplace with an entry-level smartphone and a knowledge connection.
https://www.washingtonpost.com/enterprise/public-or-private-with-digital-cash-it-may-be-hard-to-tell/2021/11/02/15d4af1a-3c40-11ec-bd6f-da376f47304e_story.html?utm_source=rss&utm_medium=referral&utm_campaign=wp_business | Public or Personal? With Digital Money, It Could Be Laborious to Inform