Bitcoin, CBDCs and stablecoins could coexist in Lugano as they can potentially serve different purposes for users, the city’s CFO believes.
A future where Bitcoin (BTC), stablecoins and central bank digital currencies (CBDC) could coexist in the Swiss city of Lugano is “quite possible,” according to a local financial official.
Paolo Bortolin, deputy chief financial officer (CFO) for the city of Lugano, is optimistic about a future where different digital currencies and assets could be used all together. That is because Bitcoin, CBDCs and stablecoins could potentially effectively serve different purposes for users, the official believes.
“Bitcoin, being Bitcoin, is a constant presence and operates independently in a fully decentralized manner,” Bortolin said in an interview with Cointelegraph.
