Jonny Fry Posted

US regulators seem to be embracing Digital Assets will this lead to a $CBDC

2 min video looking at different ways US regulators are engaging with Digital Assets as The Fed confirms its interest in $CBDC

Henri Arslanian, Chairman, FinTech Association of Hong Kong, and PwC Global Crypto Leader said; “that stablecoins have the potential to bring about a meaningful difference in the cross-border payments sector”. Well certainly they have been attracting attention as there are now over $20 billion worth of stablecoins in circulation globally.

Stablecoins fall into four different categories, those that are backed by:

· Fiat — Tether (USDT)

· Commodities- Perth Mint Gold (PMGT)