CMCGlossary: Digital Dollar ✨ The term 'digital dollar' refers to a possible digital currency issued by the US central bank (CBDC). Details:
in the world, authorities all around the globe are now considering launching their very own digital currencies with countries like China, the USA, and many others in theThe main distinction between the digital dollar and the various cryptocurrencies available in the market today is that the latter arethan traditional currencies.
. The transfer of digital dollars will work like popular payment apps, including Google Pay, Venmo, and PayPal. Following the successful launch of decentralized cryptocurrencies, such as Bitcoin and Ethereum, which store value but aren’t limited to any authority, the world governments are investigating the possibility of developing their own digital currencies, also known as
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