Max on Nostr: Imo CBDCs differentiation is digital *base money* accessible by retail users. ...
Imo CBDCs differentiation is digital *base money* accessible by retail users.
Currently physical fiat base money is paper cash, and digital fiat base money is the central bank reserve accounts, which only banks and governments have access too.
So yes, Tether is not base money, and thus not a CBDC.
Published at
2025-05-09 18:18:45Event JSON
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"content": "Imo CBDCs differentiation is digital *base money* accessible by retail users.\n\nCurrently physical fiat base money is paper cash, and digital fiat base money is the central bank reserve accounts, which only banks and governments have access too.\n\nSo yes, Tether is not base money, and thus not a CBDC.",
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