The Digital Currency Revolution
In recent years, emerging markets have undergone rapid digitalization driven by advancements in fintech, mobile payments, and technological infrastructure. These developments have enabled alternative financial solutions to grow and motivated central banks to accelerate their work on Central Bank Digital Currencies (CBDCs). What started as a theoretical concept has now progressed into active pilot programs in numerous countries. According to the Atlantic Council’s CBDC tracker, more than 95% of the world’s economy is researching or developing CBDCs, underscoring the scale of global engagement. Emerging markets continue to lead with early adoption and testing of CBDC models.
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