The free market does not choose fiat paper money for a medium of exchange. (money.stackexchange.com)
«Rapid changes in the landscape of the payments industry along with factors such as emergence of private digital tokens and the rising costs of managing fiat paper / metallic money have led central banks around the world to explore the option of introducing fiat digital currencies,» it said, explaining the rationale behind setting up the study group. (techcircle.vccircle.com)
The so - called petro - yuan was to revolutionize the world of irredeemable fiat paper currencies. (acting-man.com)