News
Stellar signs deal with Ukraine to work on CBDC, stablecoins, and virtual asset infrastructure Wednesday 6 January 2021 14:20 CET | News The Stellar Development Foundation (SDF) has signed a deal with Ukraine’s Ministry of Digital Transformation to work on both a central bank digital currency (CBDC) as well as stablecoin and virtual asset infrastructure.
The project includes the ‘development of the infrastructure for a Ukrainian national digital currency’, however, it is not limited to a digital hryvnia currency. It includes Stellar helping with developing a virtual assets market in the country, assisting with implementing stablecoins using the Stellar blockchain, and developing a digital currency for the Central Bank, Ledger Insights cited Deputy Minister of Digital Transformation Oleksandr Bornyakov.