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The Daily Hodl 2024-01-15 12:45:02

Morgan Stanley Says Central Bank Digital Currencies May Drive Move Away From US Dollar

Banking giant Morgan Stanley says that central bank digital currencies (CBDCs) may contribute to a shift away from the US dollar’s hegemony. In a new research note, Andrew Peel, executive director and head of digital asset markets at the bank says that CBDCs are capable of creating a new standard for cross-border payments, reducing the The post Morgan Stanley Says Central Bank Digital Currencies May Drive Move Away From US Dollar appeared first on The Daily Hodl .

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