Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation

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Argentinian presidential candidate wants CBDCs to 'solve' hyperinflation
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Sergio Massa, Argentina’s second-leading presidential candidate says he’ll launch a CBDC, if elected “solve” hyperinflation which has ravaged the country for decades. He also suggested Argentina should resist temptation to move to the U.S. dollar.

Sergio Massa’s stance on central bank digital currencies appears to be in complete opposition to Javier Milei, a pro-Bitcoin candidate who wants to abolish Argentina’s central bank.Argentinian presidential candidate Sergio Massa has pledged to launch a central bank digital currency if elected to “solve” Argentina’s long-lasting inflation crisis.“We are going to launch the digital currency in Argentina. [...

“Dollarization is what generates the temptation of the dollar. Be patriots [and] defend our currency, do not promote the use of it [the U.S. dollar],” he said.

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