Central banks can push DeFi into mainstream — Swiss National Bank official

Cointelegraph

Published Sep 30, 2022 05:26AM ET

Updated Sep 30, 2022 08:00AM ET

Central bank digital currencies (CBDCs) can work well with decentralized finance (DeFi), and they have a lot of potential to boost DeFi adoption, according to a Swiss central bank official.

Among many various types of digital currencies, it is CBDC that could provide more stability and lower risks to the development of DeFi, according to Thomas Moser, a governing board member at the Swiss National Bank (SNB).

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