Fnu Lnu
A lot of people are wondering about this digital Dinar issue...I have friends in Singapore who are arbitrage professionals, and affiliated with K2, who is consulting with Iraq.
Here is the explanation they gave me.
The Digital Dinar is going to be used exclusively for...nation to nation transactions...and imports in general. Peer to peer payments will be using both "Stable Coins" and folding currency.
The paper Dinar is not being excluded in any way and will be for consumer needs...There is no way the paper currency can be eliminated. 80% of Iraqi citizens are unbanked according to the most recent CBI report and must use hard currency. Stablecoins will allow them to buy and sell without the bank.