Exploring central bank digital currencies-How they could work for international payments
By: Swift
Published: 2021-05-01
Tags: cbdc, crypto
Overview: New technologies, changing customer expectations, emerging players and evolving business models are driving tectonic shifts in the payments landscape – and a potential outgrowth of this disruptive force is a new take on the form of traditional money itself. CBDCs are drawing strong interest as central banks explore ways to improve digital commerce, reinforce systemic resilience and preserve the foundational role of fiat money in global finance.