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Visa and PayPal Can Be the Cosmos and Polkadot of CBDCs

Visa and PayPal Can Be the Cosmos and Polkadot of CBDCs



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  1. tldr; Payments giants Visa and PayPal have moved cryptocurrencies out of a mere “speculative asset” zone into clear “currency” realm. Interoperability is poised to become perhaps the most major bottleneck for central bank digital currency (CBDC) projects. CBDCs will need to share compatible technology, code languages, and standards, to achieve full functionality.

    *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*

  2. They would see great success if they build their CBDCs on Cosmos tech. Tendermint would be the perfect solution to their interoperability problem, that’s why China is adopting it for the CBDC with BSN.

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