Douwe Lycklama, Innopay: After years of cash reduction in favour of commercial banks debt money, now central banks can regain some of their position once held in a cash society
There hasn’t been too much media around Central Bank Digital Currency (CBDC) plans/projects coming from the US. So far Libra, China’s digital yuan initiative, also known as DCEP, and Sweden’s digitalisation plan have captured the public attention. However, the US has taken strong steps towards adopting digital currencies and in the coming months, we can expect a further acceleration of these.
We continue our series on the topic of Central Bank Digital Currencies and today we are speaking with Douwe Lycklama, co-founder of Innopay and co-author of ‘Everything Transaction’ to learn more about US’ plan to drive CBDC adoption.
Continue read: https://thepaypers.com/expert-opinion/the-american-central-bank-digital-currency-plan-quiet-powerful-imminent–1244416
