What is a CBDC? 70% of central banks want to launch a Central Bank Digital Currency (CBDC), a digital stable currency on a blockchain that allows them to implement better monetary policies and retain sovereignty over monetary policy in the future world of tokenized assets markets. Besides providing the central banks with a strong catalyst for financial services innovation, CBDC can replace the anonymity of cash with new regulatory and enforcement tools, cheaper cross-border remittances and much-needed innovation in today’s struggling retail markets.
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