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41 sats \ 3 replies \ @justin_shocknet 4h \ on: NAVAL: Stablecoins are just CBDCs with extra steps econ
Eh... They're indistinguishable from credit or bank notes... seemingly to front-run actual CBDC's like Europe and Chynah are implementing
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17 sats \ 2 replies \ @kepford 4h
Indeed. There is a difference. It all depends on your actual concerns about the two things.
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74 sats \ 1 reply \ @justin_shocknet 4h
I think the key differentiation is supply, a central bank is in complete control of supply/issuance with CBDC's, whereas stables are more elastic to accommodate economically driven credit expansion (and provide the dollar an off-ramp from the fed).
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17 sats \ 0 replies \ @kepford 4h
Yep, for sure.
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