Bank of America: CBDCs “inevitable”

and could eliminate the need for Stablecoins. About a one minute read.

Comment: clearly a CBDC would render Stablecoins less useful, but many won’t adopt simply due to privacy considerations. Government distributing money to citizens, then fully knowing use of said funds? Hardly appropriate. Killer business idea: a combination Privacy Coin and Stablecoin. Anonymity of cash, stability of a fiat, and all the benefits of crypto.