CBDC could threaten stablecoins, not Bitcoin: ARK36 exec
Central financial institution digital currencies (CBDCs) don’t pose any direct menace to cryptocurrencies like (BTC) however are nonetheless related to dangers in relation to stablecoins, one business government believes.
Based on Mikkel Morch, government director on the digital asset hedge fund ARK36, a state-backed digital foreign money just like the U.S. greenback doesn’t essentially need to be a competitor to a personal or a decentralized cryptocurrency.
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