Central Bank Digital Currencies (CBDCs) and cryptocurrencies are revolutionizing financial systems.
Advantages of CBDCs
• Faster transactions with lower fees.
• Increased access to finance for the underbanked.
• Better risk analysis through connected data streams.
Global Adoption
By 2024, 134 countries accounting for 98% of global GDP will consider CBDCs.
CBDC Adoption Progress:
Region Status
China Fully launched
European Union Pilot stage
United States Under exploration
Developing Economies Focused on improving accessibility