Will Government's Stablecoin be listed on Exchanges? - page 3.

cryptoaddictchie

legendary

Activity: 2268

Merit: 1379

Fully Regulated Crypto Casino

Quote from: cabron on July 20, 2021, 09:04:44 PM

I wanted to ask if exchanges like Binance will include CBDC stalecoins in their market and what will happen to the prices?
Do you think the government will print more of these CBDC coins and buy all the BTC?
And will you as a trader use the CBDC coin?

Yes there is a chance, if government supported these coins then surely CZ will list it. There are plenty of fiat listed on their exchange and once they listed the cbdc, other market will follow them. Binance is the leading exchange so likely there will be mass adoption if they decided to list the government stablecoin.

The question is if they are interested to list their coin on Binance. Probably they will ho through some exchange that likely favor them.

mk4

legendary

Activity: 2870

Merit: 3873

📟 t3rminal.xyz

Highly highly likely. I mean, if some exchanges do list fiat trading pairs, then why not CBDCs? Especially if these CBDCs do actually gain a lot of mass adoption. Unless certain governments end up asking exchanges to not list their CBDCs of course; which I don't think will happen.

jackg

copper member

Activity: 2856

Merit: 3071

https://bit.ly/387FXHi lightning theory

Quote from: cabron on July 20, 2021, 09:04:44 PM

I wanted to ask if exchanges like Binance will include CBDC stalecoins in their market and what will happen to the prices?

This is quite likely for cbdcs created in places like europe, North America and India where property laws are white strict and the government can't just delete funds whenever they want. I think these areas already produce quite a lot of currencies too and may be entrusted in producing and distributing cbdcs (I think the Royal mint in Wales produces quite a variety of currencies).

Quote from: cabron on July 20, 2021, 09:04:44 PM

Do you think the government will print more of these CBDC coins and buy all the BTC?

All? No of course not. They wouldn't be able to and might not want to. CBDC tokens might be exchangeable for cash too so they'd be lowering the value of their currency - which no non Chinese country wants to do Grin

.

Quote from: cabron on July 20, 2021, 09:04:44 PM

And will you as a trader use the CBDC coin?

Probably when it becomes secure enough and if it has a good interest rate on an exchange - I imagine exchanges will pay higher for using their stablecoins or tokens though.

cabron

hero member

Activity: 2800

Merit: 595

https://www.betcoin.ag

I'm not sure if this is the right place to post the topic so let me know where to move it if you figured. Just a series of questions.

I wanted to ask if exchanges like Binance will include CBDC stalecoins in their market and what will happen to the prices?
Do you think the government will print more of these CBDC coins and buy all the BTC?
And will you as a trader use the CBDC coin?

Topic: Will Government's Stablecoin be listed on Exchanges? - page 3. (Read 410 times)