Published 3 years ago

Countries representing over 90% of global GDP are exploring CBDCs

Summary by Ground News

The Caribbean region is home to all five CBDCs that are currently in use, with The Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia and Grenada all implementing their digital cash systems. The CBDC tracker, which was unveiled July 22, currently monitors 83 countries and currency unions. The U.S. is furthest behind in terms of CBDC development.

0 Articles

All

Left

Center

Right

Cointelegraph

Countries representing over 90% of global GDP are exploring CBDCs

Five countries have officially launched a CBDC. Pilot testing is underway in 14 other countries.

3 years ago

Read Full Article

CoinsCapture

CBDCs are being explored by countries representing over 90 percent of global GDP

According to a new Atlantic Council tracker, five Caribbean countries have fully implemented a digital form of their currency. In 14 additional nations, including South Korea and Sweden, CBDCs are in the pilot stage. Among its four main central banks, the United States is the most behind in terms of CBDC development. For years, the Federal Reserve has been studying the growth of digital currencies.

3 years ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year

Stories disproportionately reported by the Left or the Right

Ground News Article Assistant

Not enough coverage to generate an Article Assistant.