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Bitcoin, Stablecoins the Worst Options for Cross-Border Payments, ECB Study Says

A senior central banker said state-backed digital currencies would be quicker and cheaper.

CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)
CBDCs would be better than bitcoin or stablecoins at speeding up cross-border payments, a European Central Bank study says. (Raimund Linke/Getty Images)