Unicoin - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org Let No Man Take Your Crown Mon, 17 Apr 2023 19:04:35 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.2 https://www.garnertedarmstrong.org/wp-content/uploads/2024/05/cropped-Screen-Shot-2024-05-16-at-1.06.13-PM-32x32.png Unicoin - Garner Ted Armstrong Evangelistic Association https://www.garnertedarmstrong.org 32 32 Unicoin: The Revolutionary New Legal Tender CBDC Unveiled at the IMF Spring Meetings 2023 https://www.garnertedarmstrong.org/unicoin-the-revolutionary-new-legal-tender-cbdc-unveiled-at-the-imf-spring-meetings-2023/?utm_source=rss&utm_medium=rss&utm_campaign=unicoin-the-revolutionary-new-legal-tender-cbdc-unveiled-at-the-imf-spring-meetings-2023 Mon, 17 Apr 2023 19:04:35 +0000 https://www.garnertedarmstrong.org/?p=43752 The Digital Currency Monetary Authority (DCMA) made an exciting announcement during the International Monetary Fund (IMF) Spring Meetings 2023: the launch of the Universal Monetary Unit (UMU), a global legal tender settlement CBDC that is symbolized by the ANSI Character Ü and affectionately known as Unicoin. This groundbreaking currency transacts in any legal tender settlement...

The post Unicoin: The Revolutionary New Legal Tender CBDC Unveiled at the IMF Spring Meetings 2023 first appeared on Garner Ted Armstrong Evangelistic Association.

]]> The Digital Currency Monetary Authority (DCMA) made an exciting announcement during the International Monetary Fund (IMF) Spring Meetings 2023: the launch of the Universal Monetary Unit (UMU), a global legal tender settlement CBDC that is symbolized by the ANSI Character Ü and affectionately known as Unicoin.

This groundbreaking currency transacts in any legal tender settlement currency and functions like a CBDC, enforcing banking regulations and safeguarding the financial integrity of the international banking system. It adopts a central banking monetary policy framework to ensure continuous purchasing demand, minimal price volatility, and annual asset pricing targets.

But that’s not all: banks can utilize Unicoin by attaching SWIFT Codes and bank accounts to a UMU digital currency wallet. This allows them to conduct SWIFT-like cross-border payments entirely over digital currency rails, accessing the best-priced wholesale FX rates and achieving instantaneous, real-time settlement while bypassing the correspondent banking system.

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Source: https://www.linkedin.com/pulse/unicoin-revolutionary-new-legal-tender

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The post Unicoin: The Revolutionary New Legal Tender CBDC Unveiled at the IMF Spring Meetings 2023 first appeared on Garner Ted Armstrong Evangelistic Association.

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