CBDC - The Daily Scrypt

Kazakhstan Launches Tenge-Backed Stablecoin on Solana Blockchain

Kazakhstan’s central bank has announced a pilot program for Evo (KZTE), a tenge-pegged stablecoin built on Solana in partnership with Mastercard. The initiative aims to bridge traditional finance with blockchain technology while sparking debate about state control over digital currencies.

Germans Warm Up to Digital Euro During Financial Turmoil

Ava2 years ago02 mins

A recent Bundesbank survey reveals a significant inclination among Germans to adopt a central bank digital currency (CBDC) or digital euro, particularly during periods of banking stress, highlighting its potential role in enhancing financial stability.