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An alternative to ACH need not push the technology down to the consumer but leave it at the interbank level.
by adolph 4y ago
An alternative to ACH need not push the technology down to the consumer but leave it at the interbank level.
- jqpabc123 4y agoYes, this is exactly what a CBDC will do. You'll still spend USD just like before --- not CBDC tokens. The only thing the consumer will see is new capabilities and transaction speed that didn't exist before. Basically, a CBDC will be used to add digital wallet functionality to everyone's existing bank account.