Tag Archive: Elite-Backed Digital Payment Systems Vie to Build the “Global Payment Standard”


on January 3, 2024 in World News

As CBDCs Roll-Out, Elite-Backed Digital Payment Systems Vie to Build the “Global Payment Standard”

by Stavroula Pabst As Central Bank Digital Currency (CBDC) pilots proliferate, a myriad of elite-gilded and blockchain-powered digital payment networks are vying for their technologies and payment systems to be incorporated in the developing digital currency infrastructures of tomorrow. Their end game? A digital financial grid prime for abuse. Idris Elba stars in a promotional video for Stellar’s “Real World” campaign, where he touts Stellar’s more “equitable” vision of finance, a future where opportunities are “borderless.” “If ideas are borderless, opportunities should be too,” A-list actor Idris Elba recently exclaimed in a video for cryptocurrency player Stellar’s “Real World”...

by Stavroula Pabst As Central Bank Digital Currency (CBDC) pilots proliferate, a myriad of elite-gilded and blockchain-powered digital payment networks are vying for their technologies and payment systems to be incorporated in the developing digital currency infrastructures of tomorrow....

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