Almost at the same time, we learn that the Emirates are also planning an official digital currency within the next 5 years.
Photo by @thomasdrouaultphotography on Unsplash. Released under Unsplash License
To be fair, we point out that in the second case the announcement was made by the local central bank, while in the case of the South American country the news was leaked unofficially through a social account linked to the government.
In any case, the two news items confirm our opinion of these two governments, which are on the cusp of the Great Reset club and therefore deserve all our attention, as their decisions may reflect trends that will emerge globally in the future.
In particular, the South American stablecoin project (as much as it is news to be confirmed) immediately suggests the idea of being able to use this currency as an experiment in preparation for the Fed's official digital dollar.
The stablecoin would then join the other dollar stablecoins (among which our favorite is USDC for obvious reasons of stability and reliability [1] [2]) indicating that private stablecoins, are an admitted and perhaps even desired tool for some reason.
While it is yesterday's news that EURt, the stable coin of tether pegged to the euro will be listed on bitstamp.
Original post on Twitter
The anti stablecoin statements of some states and central banks (not the US one) are therefore a rearguard position, if we assume that the future will really be outlined according to the World Economic Forum's schemes.
The immediate practical consequence of all this is that we will be able to continue to use stablecoins for all the needs we know (just to link to our previous email) and that perhaps there will not be a time when they will be banned.
As for the Emirates, we know that they are becoming the largest and most stable tax haven in the world, in the wake of the safety net provided by their being a key geopolitical pawn of the US.
The Cryptosniperz Team
DISCLAIMER
We are not giving any financial advice regarding cryptocurrencies, but rather giving applicable advice for new, intermediate and experienced people who are currently into cryptocurrencies or someone who is just now realizing what it is. Before you read this I must say that this blog will be based on the assumption that you have already done some research on cryptocurrencies and the Blockchain ecosystem. We will continue to provide explanations and details to the best of our ability, however we encourage you to do your OWN research because only YOU will know how this second financial revolution will best fit into your life. Thank you for reading our contents.