Investors should exercise “discernment” when considering privately-issued stablecoins, which carry all the risks of a central bank digital currency (CBDC) plus their own unique risks, according to Jeremy Kranz, founder and managing partner of venture capital firm Sentinel Global.
Kranz called privately-issued stablecoins “central business digital currency,” which feature all of the data-ct-non-breakable=”null” href=”https://cointelegraph.com/news/genius-stablecoin-bill-cbdc-trojan-horse” title=”null”>surveillance, backdoors, programmability, and controls as CBDCs. He told Cointelegraph:
“Central business digital currency is really not necessarily that… lockquote>
