Roxe: Launches CBDC Plus programme for developing economies
- Roxe empowers traditional financial institutions, remittance companies, payment service providers
- Announced it will provide qualifying central banks with free access to its new, global Central Bank Digital Currency (CBDC) Plus Program
- The new program will, for the first time ever, enable countries to issue new secondary or primary sovereign
- For many small or developing countries throughout history, relying on their economies as a basis to issue
- As a result, many countries have been “dollarized,” using USD to help stabilize their economies
- Even so, many such countries have struggled to control inflation and still lack truly sovereign, national currencies
