98% of the global economy is now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages. Get ready for the next black swan event

by

by BoatSurfer600

via reuters:

A total of 130 countries representing 98% of the global economy are now exploring digital versions of their currencies, with almost half in advanced development, pilot or launch stages, a closely-followed study shows.

The research by the U.S.-based Atlantic Council think tank published on Wednesday said significant progress over the past six months meant that all G20 countries with the exception of Argentina were now in one of those advanced phases.

Eleven countries, including a number in the Caribbean, and Nigeria, have already launched central bank digital currencies (CBDCs) as they are known, while pilot testing in China now reaches 260 million people and covers 200 scenarios from e-commerce to government stimulus payments.


https://twitter.com/TXNFirst1836/status/1673227057155784704

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