Introduction. What are government stablecoins?
Header: Crypto + State = ? Let's explore the trends!
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The world is changing, and so is money. You have probably heard of USDT or DAI. But do you know that governments also issue their own digital assets?
Today we are talking about Government stablecoins (and CBDC).
What are they?
They are digital currency issued by a central bank or under strict government control. Unlike Bitcoin, its price does not fluctuate — it is tightly pegged to the national currency (1:1).
Why is this needed?
Transparency: Every transaction can be tracked (goodbye, corruption!).
Speed: Transfers are instant, 24/7, with no weekends.
Security: The guarantor is the government itself.
This is a bridge between traditional finance and the world of blockchain. And the CIS countries are at the forefront here!
Do you think digital currencies will completely replace paper money?