CBDC Impact
CBDCs are still in their early stages of development, but they have the potential to revolutionize the way that money is used and exchanged. CBDCs could add value to border payment systems in a number of ways:
- Faster and cheaper payments: CBDCs could make cross-border payments faster and cheaper by eliminating the need for intermediaries and reducing the risk of fraud.
- More transparent and efficient payments: CBDCs could make cross-border payments more transparent and efficient by providing real-time tracking and settlement.
- Increased financial inclusion: CBDCs could make cross-border payments more accessible to people who do not have access to traditional banking services.
Meetup discussions, speakers, and panel session will cover the following;
- Increased competition in the financial sector: How CBDCs could increase competition in the financial sector by providing a new alternative to traditional banking services.
- Reduced reliance on cash: How CBDCs could lead to a reduced reliance on cash, as people become more comfortable using digital forms of money.
- Changes in monetary policy: CBDCs could lead to changes in monetary policy, as central banks develop new ways to manage the money supply.
January, 2024
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Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast
