Diminish

US Treasury Secretary Yellen: a CBDC Might Diminish the Proliferation of Stablecoins, but Both can Coexist

Quick take: US Treasury Secretary Yellen has stated that a Central Bank Digital Currency (CBDC) could diminish the proliferation of stablecoins She also mentioned that both could coexist as stablecoins could offer faster, efficient, and cheaper alternatives to a CBDC by the US Fed US Treasury Secretary Yellen has floated the idea that

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