The Federal Reserve has just hired five former Circle employees to spearhead the issuance of a Central Bank Digital Currency (CBDC). With Circle, Coinbase, and the Federal Reserve so closely linked, it’s fascinating to see how everything is converging. The Fed, as the backbone of modern finance and the issuer of the US Dollar, is stepping into the digital age.

And here’s where it gets even more interesting—Coinbase has launched a Layer 2 solution, integrating seamlessly into the base ecosystem. This ecosystem is becoming a powerhouse in itself, and standing at the top is Axelar, the number one coin in this innovative space.

The evolving landscape is something to watch closely. How do you think these changes will shape the future of digital currencies and the broader financial system? Share your thoughts!

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