Business CBDC Stablecoin Tether

Tether CTO: ‘USDT Will Continue to Exist Alongside CBDCs’

With a market cap over $10B, Tether isn’t likely to be displaced by any central bank digital currency according to Paolo Ardoino. Paolo Ardoino, Chief Technology Officer (CTO) of Bitfinex and Tether, says recent pushes for governments to adopt regulatory paths towards central bank digital currencies won’t adversely affect stablecoins like Tether.“In the long term, […]

Blockchain CBDC China technology

China Could Roll Out Its CBDC Without Anyone Realizing

Ledger’s Glen Woo believes that China’s central bank digital currency could be deployed using existing payment rails without citizens noticing the change. China has emerged as the world’s leader in central bank digital currency, or CBDC, development, driving speculation surrounding the country’s domestic and international ambitions for its CBDC.Speaking to Cointelegraph, Glenn Woo, Ledger Vault’s […]

ATM Blockchain CBDC Mining Russia Sberbank

Russia’s Biggest Bank is Buying 5000 Blockchain ATMs That Can Mine Crypto

Russia’s biggest bank is spending more than $100 million on 5,000 blockchain enabled ATMs … that are capable of mining cryptocurrency. Russia’s largest bank, Sberbank, has called for tenders to provide 4,917 ATMs with a built-in graphic card capable of supporting “blockchain operations”.Cointelegraph spoke with two experts who said the most obvious use case for […]