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CENTRAL BANKS PUSH CBDCS BUT STRUGGLE FOR ADOPTION

Global central banks are developing digital currencies to counter the rise of USD stablecoins and protect monetary sovereignty, yet face significant challenges in generating user demand for the new systems.

1 SOURCEFIRST SEEN AUG 24, 08:50 AM► READ THE ARTICLE

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Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoins, but are struggling to find demand for the digital currencies (Jonathan Levin/Bloomberg)

Jonathan Levin / Bloomberg: Global central banks are pushing CBDCs to defend monetary sovereignty against USD stablecoin…

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