Cointelegraph has a very good article  that discusses a recent paper published by the Phildelphia Fed  on CBDCs and whether they are a threat to the commercial banking system. The article refers to a number of differing views on this topic, including that of Marshall Hayner, CEO of Metal, who is largely supportive of CDBCs, and that from IMF’s Tommaso Mancini-Griffoli who said CBDCs should be provided in public private partnership . It also provides a reference to important whitepaper  of the Digital Dollar Project . So what does this all mean?
In this episode, based on an article by CoinDesk  we discuss Tether’s recent legal action in the US, trying to get hold of $800m that have allegedly been confiscated by the authorities, and the importance of stable coins more generally. Tether’s transparency page is here .