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17 sats \ 2 replies \ @kepford 4h \ parent \ on: NAVAL: Stablecoins are just CBDCs with extra steps econ
Indeed. There is a difference. It all depends on your actual concerns about the two things.
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).