The difference between CBDC and USDC

I was asked last week, "what is the difference between a CBDC and USDC?" I can see why some people might be confused - in the case of the United States' central bank, the Federal Reserve: their CBDC would be a "digital dollar", and USDC is a kind of "digital dollar" too. In this episode, I explain the different in terms of the entities involved, their aims, and the potential impact on our lives.