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Author Topic: Will Government's Stablecoin be listed on Exchanges?  (Read 337 times)
Naficopa
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August 07, 2021, 07:57:43 AM
 #41


I'm not sure if this is the right place to post the topic so let me know where to move it if you figured. Just a series of questions.

I wanted to ask if exchanges like Binance will include CBDC stalecoins in their market and what will happen to the prices?
Do you think the government will print more of these CBDC coins and buy all the BTC?
And will you as a trader use the CBDC coin?

Binance has its own stablecoin (BUSD) so it doesn't really need another one. However, everything will depend on the popularity of CBDC. If it turns out that users prefer to use CBDC, Binance will also adopt this stablecoin to be a more competitive exchange.

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August 07, 2021, 03:59:01 PM
 #42

Binance has its own stablecoin (BUSD) so it doesn't really need another one. However, everything will depend on the popularity of CBDC. If it turns out that users prefer to use CBDC, Binance will also adopt this stablecoin to be a more competitive exchange.

Binance has branches in many countries, and remember that binance gets some regulatory pressure simultaneously last July. CBDC legal strength is greater than stable coins made private institutions. Listing CBDC is not on the basis of its popularity, even the local governments can prohibit any exchanges that have been operated on their countries that listed any stable coins other than CBDC.

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August 08, 2021, 04:11:23 PM
 #43

I think it will be.  But more importantly who will take the value and use it.  If Tether has a fork in the future, are other stablecoins worthy of trust?  Personally, I never thought I would have to use cbdc for my transactions, it's wrong argument and point of view of market success and survival -> Decentralized stable coins are opening up huge opportunities for bitcoin  .
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August 09, 2021, 12:09:16 AM
 #44

I think CBDC will be listed, the government can impose it by regulation and they will come up with solutions for gradual shelling with other centralized stablecoins like usdt.  That is also the reason that USDT is risky.
It could be a way for the fresh money to enter in the cryptocurrency. Why are you only mentioning USDT? another stable coin has the similar case with USDT but they didn't get published.
CBDC will be listed in the exchange site but i think that the exchange site will provide a new tab to be used by those CBDC. It will replace fiat.

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