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196. Insights: Visa's USDC settlement launch and what are the real world use cases for CBDCs?
Blockchain Insider Podcast by 11:FS
The Stablecoin, Why Does It Matter?
The world of payments innovations primarily revolves around sending debit and credit instructions to financial institutions. Visa's role is to abstract the complexities and provide users with a seamless experience. Blockchain-based stablecoins offer fast settlement and transmission of funds, but are still experimental. Circle aims to develop a price stable digital dollar across multiple blockchains. The development of an open multi-chain environment is crucial for the growth of digital money. Central bank digital currency (CBDC) experiments are still in the early stages, and it is important to consider the interoperability with public and private actors.
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