CBDCs could put banks’ profits at risk, as per this report

CBDCs could put banks’ profits at risk, as per this report


AMB Crypto
2023-03-24 08:30:26

Emerging CBDC cross-border transaction technology can put the banks’ profits at risk, as per a new Moody’s report. Cross-border CBDC transactions would require entirely new infrastructure, reducing the role of banks even further. Emerging central bank digital currency (CBDC) cross-border transaction technology has the potential to transform the global economy by making services for many