CBDC

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CBDC in Plain Sight: Are Stablecoins the Hidden Blueprint for a US Digital Dollar?

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Stablecoins, digital currencies pegged to the U.S. dollar, have surged in popularity, but their quiet resilience under slim regulatory scrutiny may signal a deeper role as a testing ground for a central bank digital currency (CBDC). Stablecoins and the Silent Rise of a Central Bank Digital Dollar These blockchain-based tokens, designed to maintain a stable … Read more

ECB Promotes Digital Euro as a Sovereign Cash Alternative

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Piero Cipollone, member of the ECB executive board, highlighted the relevance of the digital euro for the health of sovereign payments in Europe. He also remarked that such a solution would maintain banks in the financial loop, while stablecoins seek to sidestep them. ECB Defends Digital Euro Thesis as Sovereign Cash Alternative The European Central … Read more

Belarus Proposes Introduction of Digital Currencies to BRICS Settlement System

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Maxim Ryzhenkov, the Foreign Minister of Belarus, stated that the upcoming BRICS settlement platforms should implement these digital currencies “as they become legally and technically ready for integration.” He emphasized that this platform would help build “a sovereign economic architecture.” Belarus Proposes Integrating Digital Currencies for BRICS Settlements Digital currencies are set to become a … Read more

From Skepticism to Strategy: NYC Embraces Blockchain’s Civic Potential

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The recent inaugural NYC Digital Asset Summit Roundtable, hosted by Mayor Eric Adams, focused on New York City’s strategy for engaging with the blockchain sector. Key participant Joshua Maddox stressed the importance of public-private collaboration for scaling Web3 adoption. NYC Reopens Doors to Tokenization When New York City, a global financial nerve center, convenes a … Read more

Russia’s Digital Ruble Marches Toward 2026 Mass Adoption

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Russia’s digital ruble is poised for explosive mass adoption by 2026, as expanded pilots, surging participation, and robust infrastructure lay the foundation for a sweeping financial transformation. Digital Ruble Set to Reshape Russia’s Economy With Full Rollout Slated for 2026 Russia’s central bank digital currency (CBDC), the digital ruble, is advancing toward becoming a key … Read more

Central Bank of Brazil Hints at Credit-Focused CBDC Pilot Phase

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The third phase of the CBDC pilot will involve implementing tokenization solutions that allow customers to provide banks with visibility into their collateral assets in Brazil. This, in turn, would simplify the process of assigning credit within an onchain, open, and shared finance ecosystem. Central Bank of Brazil Seeks to Solve Onchain Credit in Drex’s … Read more

Visa, Fidelity, China AMC Pilot Chainlink-Powered CBDC-Stablecoin Swap 

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Chainlink’s blockchain protocol facilitated a simulated exchange between Hong Kong’s prototype central bank digital currency (CBDC) and an Australian dollar stablecoin in Phase 2 of the e-HKD+ Pilot Programme. Chainlink Enables Direct e-HKD to Australian Stablecoin Exchange in Test The Hong Kong Monetary Authority (HKMA) initiative involves Visa, ANZ, Fidelity International, and ChinaAMC Hong Kong … Read more

Russian State Duma Prepares Bill to Widespread Digital Ruble Payments

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The digital ruble payments bill, which has already been approved in its first reading by the State Duma, introduces the concept of a universal code that will facilitate digital currency disbursements, giving banks and retail outlets three years for implementation. Digital Ruble Massification Bill Discussed by Russian State Duma More and more countries are introducing … Read more