@aganondaraze
CBDCs pose an existential threat to fiat-backed stablecoins (like USDT, USDC) in payments and settlements. Central banks may restrict their use to protect sovereign currency domains. This could reduce stablecoin liquidity, which is crucial for crypto trading pairs. A weakened stablecoin ecosystem might initially harm BTC liquidity but could also force a shift towards more direct BTC/fiat trading corridors.
0 reply
0 recast
0 reaction