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Digital Currency: What It Is, Characteristics, and Types Digital currency isn't necessarily the same as dollars stored in an online bank account because someone can withdraw those dollars as physical cash Digital currency, however, never leaves its electronic form unless exchanged for a fiat currency This guide explores what digital currency is, the types of digital currency there are, and the potential pros and cons that can come with it
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Citi Completes Landmark Fiat-to-Digital Currency Payment Settlement . . . In a landmark trial, Citi and Swift proved it’s possible to settle payments between fiat and digital currencies in a Payment-versus-Payment workflow The trial demonstrates a powerful hybrid model for interoperability between traditional financial systems and Distributed Ledger Technology networks The initiative underscores Citi’s commitment to delivering innovative, client-centric and