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The Daily Hodl 2023-08-04 22:01:33

Payments Giant Western Union Collaborates With $75,000,000,000 Bank on a US CBDC Pilot Study

Payments giant Western Union is collaborating with a $75 billion bank to study the effects of a US central bank digital currency (CBDC). According to a new press release, Western Union and Philippines-based BDO Unibank are working together to explore how the implementation of a US CBDC, or a digital asset issued and backed by The post Payments Giant Western Union Collaborates With $75,000,000,000 Bank on a US CBDC Pilot Study appeared first on The Daily Hodl .

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