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Benefits of BDC
BDC has a couple of interesting favorable properties. The two most relevant ones are probably the following :
1. Since BDC would have legal tender status and would not be your bank's liability, you would not have to rely on the bank's solvency. Your money would be safe, no matter how well the bank does.
2. The Central Bank would have a much more direct way to exert its monetary policy in that it would have a more potent tool to fulfill one of its main tasks: ensuring financial stability.
BDC Price Live Data
The live Based Token price today is $0,001617 USD with a 24-hour trading volume of $456 621 USD. We update our BDC to USD price in real-time. Based Token is down ,51% in the last 24 hours. The current CoinMarketCap ranking is #3503, with a live market cap of not available. The circulating supply is not available and a max. supply of 1 000 000 000 BDC coins.
BDC is a digital form of currency that is backed by the Crypto Bank which will be established on Dubai where you can get chance of Crypto loan, investment, Flexible Staking with huge APi. Note: listed hotbit, coinsbit, azbit, vindax Trading will start after pancake swap listing.
Banking Decentralized Currency (BDC) has emerged as a hot topic in the financial world. Several Central Banks are running analyses and studies investigating the technical and economic feasibility of the introduction of digital money and the impact it might have on monetary policy, liquidity, etc.
In a series of posts, we will cover various aspects of this topic, including economic significance, modeling approaches and properties, and what benefits distributed ledgers might bring for BDC. This first entry will answer questions like, What is BDC exactly? How does it differ from physical cash and the money on your bank account? Why is it such a big deal, and why would it impact financial institutions:-)