Key Trends in Central Bank Digital Currencies Across the Globe
Thursday, 14 March 2024, 04:35
Countries Progressing on Central Bank Digital Currencies
Recent data shows that 134 countries and currency unions, representing 98% of global GDP, are considering CBDCs. Notably, 19 G20 members are advancing in CBDC development. China leads with 36 ongoing CBDC pilots.
US Concerns and Political Stances
The US lags behind in CBDC development compared to other G7 countries, potentially leading to a fragmented global payments system. Trump's opposition to the digital dollar intensifies the debate, affecting US politics and policy decisions.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.