The Swiss Central Bank Thinks CBDCs Will Be Able to Support DeFi Market Stability

The Swiss Central Bank believes national digital currencies (CBDCs) will be able to effectively interact with tokens deployed on the DeFi decentralized finance market.

According to Thomas Moser, who is a member of the managers of the National Bank of the country, DeFi projects will grow due to the entry of capital.

DeFi protocols use Tether and USDC at the moment. However, in the future, CBDCx can be integrated, such tokens will also be able to improve the liquidity of ecosystems.

According to the representative of the Swiss Central Bank, CBDCs are more reliable instruments, since their issuers are not private companies, but states. Accordingly, the risks of fraud and manipulation will be minimal.

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