12-29-2021, 06:25 AM
Someone asked what the difference between CDBCs and Stablecoins was but got removed
<!-- SC_OFF --><div class="md"><p>While CBDCs will be issued under the auspices of central banks, stablecoins are potentially subject to regulatory oversight from multiple agencies, depending on their classification as assets, securities, or even money-market funds.The difference between Stablecoin and CBDC is the mode in which the monetary systems works. Stablecoin is a cryptocurrency that is not regulated, while CBDC is completely regulated and monitored by the monetary authorities of a nation. That means to say Stablecoin is decentralized while CBDC aims at being centralized.</p> <p>Please feel free to add to this in the comments!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/-turnip_the_beet-"> /u/-turnip_the_beet- </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rqaorq/someone_asked_what_the_difference_between_cdbcs/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rqaorq/someone_asked_what_the_difference_between_cdbcs/">[comments]</a></span>Kind Regards R
<!-- SC_OFF --><div class="md"><p>While CBDCs will be issued under the auspices of central banks, stablecoins are potentially subject to regulatory oversight from multiple agencies, depending on their classification as assets, securities, or even money-market funds.The difference between Stablecoin and CBDC is the mode in which the monetary systems works. Stablecoin is a cryptocurrency that is not regulated, while CBDC is completely regulated and monitored by the monetary authorities of a nation. That means to say Stablecoin is decentralized while CBDC aims at being centralized.</p> <p>Please feel free to add to this in the comments!</p> </div><!-- SC_ON --> submitted by <a href="https://www.reddit.com/user/-turnip_the_beet-"> /u/-turnip_the_beet- </a> <br/> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rqaorq/someone_asked_what_the_difference_between_cdbcs/">[link]</a></span> <span><a href="https://www.reddit.com/r/CryptoCurrency/comments/rqaorq/someone_asked_what_the_difference_between_cdbcs/">[comments]</a></span>Kind Regards R