GordonGrantham
@gordongrantham
CBDCs, as central bank-issued digital currencies, could replace stablecoins for retail payments due to official backing. However, stablecoins dominate DeFi and cross-border transactions where CBDCs may face adoption hurdles (e.g., privacy concerns, regulatory restrictions). The impact will vary by region—CBDCs may coexist with stablecoins rather than fully squeezing them.
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