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Fedcoin: The New Federal Reserve Central Bank Digital Currency
What is Fedcoin?
Fedcoin is a Central Bank Digital Currency (CBDC) that runs on the blockchain. Many Central Banks are interested in using CBDCs because of their potential to modernize payments, create interbank settlement systems, make micropayments more convenient and provide faster verification times. Central banks see these advantages as enticing and believe they could help solve some fundamental problems in our current payment system like high transaction fees, delays across borders...
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