Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
U.S. Treasury Department: CBDC should replace stablecoins

U.S. Treasury Department: CBDC should replace stablecoins

Bitget2024/10/30 23:06

According to a report released by the U.S. Treasury Department on Wednesday, the department is concerned about the growth of the stablecoin market and believes that privately issued stablecoins should ultimately be replaced by central bank digital currencies (CBDCs) supported by the state. The report, written by the U.S. Treasury Department's Office of Debt Management, stated: "Similar to how private 'wildcat' currencies issued in late 19th century were replaced with government-backed central bank money, Central Bank Digital Currencies (CBDCs) may need to replace stablecoins as the primary form of digital currency underpinning tokenized transactions."

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!