The goal of local / regional cryptocurrencies is not necessarily to compete with national fiat currencies. (blokt.com)
While this model is common, Bisq is one of the few decentralized exchanges that lets users buy and sell bitcoins in exchange for national fiat currencies as well as alternative cryptocurrencies. (bitcoinmagazine.com)
Panelists also said that we are likely to see national fiat currency being represented with digital tokens on a blockchain ledger which will be transferrable through a digital wallet. (technode.com)