The Digital Currency Revolution
The last decade has brought a surge in digitalization, fintech development, and mobile payments, particularly in emerging economies. The expansion of alternate global financial systems has urged central banks to act swiftly, moving Central Bank Digital Currencies (CBDCs) from theory to pilot testing across various nations.
CBDCs have gained global attention at an unprecedented rate. The Atlantic Council’s CBDC tracker indicates that more than 95% of the world’s economy is assessing their introduction. Emerging markets, however, lead in piloting and implementing these systems. https://www.markmobius.com/boo....ks/the-digital-curre