About the final handful of a long time, the improvement of blockchain know-how brought us new types of digital belongings these kinds of as stablecoins and cryptocurrencies. These improvements provide the foundations for developing new payment rails that can go worth throughout the world not only in serious-time but also at a much decreased value. Compared with cryptocurrencies this kind of as Bitcoin or Ethereum, stablecoins are drastically significantly less risky as they are commonly pegged to a fiat currency this sort of as the U.S. dollar. Stablecoins also pushed governments to speed up their exploration of central lender electronic currencies (CBDCs). Even though cryptocurrencies rely on decentralized networks for…