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bro, CZ out here dropping truth bombs like stablecoins are the new kings and CBDCs are just sad clowns 🤡🚀
wait, stablecoins outshining CBDCs now?? how did that happen 🫠🧐?
cbdc losing to stablecoins worldwide: lack of demand, regulatory hurdles, and halted pilot projects point to stablecoins dominating the digital currency space with strong
Former Binance CEO Changpeng “CZ” Zhao believes central bank digital currencies (CBDCs) are losing ground to stablecoins globally. At a conference in Tokyo, CZ highlighted the growing preference for stablecoins due to their strong market presence and regulatory support. He also noted that many countries have abandoned CBDC pilot projects, with at least 10 nations halting development due to lack of demand and other challenges. CZ predicts stablecoins will continue to outshine CBDCs as the digital currency landscape evolves. 🌍💱
https://altcoin.observer/cz-says-that-stablecoins-defeated-cbdc-in-the-world-how-is-it/
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