💸 Stablecoins vs. Central Bank Digital Currencies (CBDCs): Who is the Real Driver of Digital Currencies? Stablecoins like USDT on TON have already enabled billions of dollars in transactions, decentralized finance (DeFi), and remittances on public blockchains. Central Bank Digital Currencies (CBDCs) are built by central banks on permissioned blockchains, and most are currently still in the pilot phase. One model is market-driven, the other is policy-driven. The balance between the two will determine how digital currencies circulate. Learn more 👉