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Many central banks and governments are experimenting with cryptocurrency/blockchain. I believe some have gone live with various projects around voting, currency
by xerxespoy 6y ago
Many central banks and governments are experimenting with cryptocurrency/blockchain. I believe some have gone live with various projects around voting, currency-issuing and accounting.
Notably also, the US government is using USD-pegged crypto currency "USDC" to circumvent governmental corruption in Venezuela, in order to deliver economic aid directly (to intended recipients who weren't receiving it through government-controlled Venezuelan banks):
https://blockchain.news/news/us-government-usdc-stablecoin-offer-foreign-aid-venezuela https://blockchain.news/news/us-government-usdc-stablecoin-o...
Mainstream source:
https://finance.yahoo.com/news/us-government-enlists-usdc-global-193616264.html https://finance.yahoo.com/news/us-government-enlists-usdc-gl...