“I believe we should consider the possibility to issue digital currency. There may be a role for the state to supply money to the digital economy.” - IMF Chairwoman CBDC IMF Makes the Case for CBDCs The Chairwoman of the IMF - Christine Lagarde - made a case for CBDCs at the Singapore Fintech Festival this week, and the IMF released a paper proposing a conceptual framework for assessing CBDC adoption.



“I believe we should consider the possibility to issue digital currency. There may be a role for the state to supply money to the digital economy.”



“This is not science fiction. Various central banks around the world are seriously considering these ideas, including Canada, China, Sweden, and Uruguay. They are embracing change and new thinking—as indeed is the IMF.” Link CONSENSUS New Quorum Monitor Stellarbeat has added a quorum monitor/explorer. “The quorum monitor gives more insight into the quorum set connections of the Stellar network, active nodes, failing validators, clusters. It also allows you to toggle nodes on/off and see the effects on the network.” Link SEP DRAFTS Bootstrapping Multisig Coordination Paul Seldon of StellarGuard and Nikhil Saraf of Interstellar put forward a standardized approach for multisig accounts to coordinate signatures across wallets and signing services. Link CAP DRAFTS Exterior Immutable Accounts CAP-0009 introduces new account flags that can prevent any transactions not signed by your account from modifying your account. This prevents accidental or malicious changes to your account when you are merging it or removing trustlines. Link

Fee Bump Account CAP-0010 proposes a solution to scenarios where transactions get stuck because of a fee increase or insufficient fees. Link

Relative Account Freeze CAP-0011 introduces a time lock at the account level to help smart contract writers "sequence time based events easily and circumvent the need for periodic updates in time based protocols". Link NEWS MobileCoin contributed the "aCounter" optimization to an updated draft of the Stellar Consensus Protocol white paper. Link



IBM Blockchain’s new CTO Stanley Yong speaks with CNBC about CBDCs: “We are quite far along in the discussion about how central bank digital currencies can be used for wholesale purposes.” Link



Kik is moving off of Ethereum completely and onto its own version of Stellar Core. Link



Bitfinex is listing its first Stellar-based token - Wollo. Link



Progress on the integration of Stellar into Keybase. Link PRESS RELEASES Introducing ChainFront - APIs for centralized private key management, transaction signing, and multi-factor authentication. Link



Stellar support added to BlockEx Exchange Network. Link



Stroopay - Accept payments from anyone, anywhere, within seconds with zero fees. Link



Hope Coin - A playful side project project to “give you and your loved ones hope”. Link - Kyle



P.S. Tyler van der Hoeven released an open source way to randomly generate a 24 word mnemonic phrase for Stellar addresses using atmospheric noise. Did someone forward this email to you? Sign up to receive an email like this one every week. I find the most interesting Stellar developments from the week and deliver them to you every Friday morning.



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