Talk of CBDCs is not new, but as progress is being made - with different countries at various stages of development - it's becoming more of a mainstream talking point. The Cloudbet Blog takes an introductory look at the concept of CBDCs, how they might function and what that might mean for our financial future.
Cloudbet adds PAX to its currency stable, offering users yet another stablecoin - on top of USDT, USDC, PAXG and DAI - to choose to transact in, proudly continuing its legacy of leading through innovation.
Continuing its quest to bring players the best experience possible, Cloudbet adds DAI to its currency stable. Collateralised by other cryptocurrencies, the decentralised stablecoin differs from others that are still backed by a link to fiat currency - making it the cornerstone currency for decentralised finance use cases.
In a world first, Cloudbet adds gold coin Paxos Gold to its ever-increasing stable of cryptocurrencies available for use on its site. We take a look at the gold-backed stablecoin and the power of tokenisation.