According to Dan Katz, first deputy managing director at the IMF, users may prefer digital dollars due to their liquidity, network effects, and cross-border acceptance. This is a significant consideration in the development of central bank-issued digital currencies (CBDCs).
Source
"IMF Expects Boost in Demand for Dollar-Backed Tokens" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
USDT · 7D · $0.999+0.0%