The currency, Ü, is AI-powered and is designed to protect the international banking structure through the adoption of a central banking policy framework. Additionally, the digital asset is designed to comply with International Monetary Fund recommendations for dealing in crypto assets.
New International CBDC Set to Stabilize Global Banking System
The Digital Currency Monetary Authority launched a central bank digital currency (CBDC) that can act as an internationally recognized settlement currency. So reports Fintech Futures.
