Brookings’ Klein on Stablecoin’s Downsides, CBDC Myths and More Fed Cowbell
Banking with Interest
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Using Commercial Bank Digital Currency, CBDC, I'm Not at the Commercial Bank.
Stablecoins can structurally offer higher rates of money market mutual fund. Some argue that's possible because of their nature. But if you have higher rates with the same level of risk, then take the higher rates. And so that's the issue.
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