Business Intelligence ENG Future of Money & Finance

Future of Money: The Battle over the Future of Money (CBDCs vs. Stablecoins)

Central banks have been stepping up efforts to create new electronic currencies in an attempt to counter the threat posed to their monetary power by private currencies such as Facebook’s Libra. However, CBDCs might prove to be too little too late to shape the future of money. When you can’t fight a trend, it’s better to embrace it.