Digital Money Has a New Payment Standard and It’s Not Built for Humans
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A new payment standard for digital money has been introduced, reportedly not designed for human use. The development comes as various global financial institutions and organizations, including the European Central Bank and the Bank for International Settlements, are exploring innovations in digital payments and stablecoins. The implications of this new standard are unclear, with some outlets discussing its potential impact on global payment systems and currencies, including the possibility of a new currency from the BRICS nations.
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