The Race for the Future of Money
The future of money belongs to Digital Financial Market Infrastructure (DFMI) - but Central Banks, Private Sector companies and the scions of Decentralised Finance are all fighting for the same ground.
As cryptocurrencies and stable coins have become meteorically more popular across the globe, the world’s central banks have realized that they need to provide an alternative or let the future of money pass them by.
Currently, 87 countries (representing over 90 percent of global GDP) are exploring a Central Bank Digital Currency (CBDC), while 9 countries have now fully launched a digital currency. In other words, the race for the future of money is well underway.
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