#Stablecoin vs #CBDC, it’s a moot point. Programmable money is key.

https://www.binance.com/en/research/analysis/overview-of-global-stablecoin-regulation

Governments around the world are still trying to figure out if they should regulate stablecoin or issue their own CBDC. But that is kind of irrelevant in the grand scheme of the digital economy. It’s all about which layer and who is responsible for the accounting of the asset.

To the end user, it doesn’t really matter. If one is comfortable with handling their own keys, they can hold their own digital asset, in whichever form, stablecoin, cbdc, tokenised RWA, whatever. And transact directly with others with lower fees.

If you are less savvy with tech, you might want to use a third party to do that for you. Similar to what is being done by Blackrock or Grayscale for BTC ETF.

But the power of it is, if you can hold your own digital assets, you can directly “program” it to do things, without being restricted by the banks.

TBC