The Stellar Development Foundation has signed an agreement with the Ukrainian government to facilitate the creation of a digital asset ecosystem, including a framework for a central bank digital currency, or CBDC.
Ukraine's Ministry of Digital Transformation announced Monday that it has entered into a memorandum of understanding with the Stellar Development Foundation. The MOU outlines Ukraine's strategy for developing digital assets and CBDC infrastructure. This includes providing support to projects specializing in digital assets, implementing and regulating stablecoin circulation, and promoting the development of a CBDC.