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Cryptopolitan 2022-05-25 12:36:31

CBDC gets traction from exchanges partnering with Stellar

In a recent development, the largest crypto exchange and digital asset platform in Latin America, Mercado Bitcoin, has partnered up with the Stellar Development Foundation (SDF) to actively pursue the creation of a Brazilian Central Bank Digital Currency (CBDC). A CBDC is a state-backed digital currency. These CBDCs are backed by the country’s own fiat...

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