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McKinsey: Firms should prepare for the ‘inevitable changes’ of CBDC
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finextra.comThe expansive report covers four key areas: CBDC and stablecoins: early coexistence on an uncertain road, the evolution of global transaction banking, how transaction banks are reinventing treasury services, merchant acquiring and the $100 billion opportunity in small business.The report’s CBDC chapter explains that the co-evolution of stablecoins and CBDCs will bear a direct impact on society, and that its progress is now well underway following a recent shift in thinking around cryptocurrency from being a potential store of value, toward a means of financial exchange.
This disconnect is shrinking quickly as a result of both private firms and monetary authorities beginning to issue stabilised cryptocurrencies in a more mainstream
. Read more on finextra.comAbout this in other media
Ethereum’s new all-time high prepares ETH for 'continuation to $5,000' cointelegraph.com /3 years ago
Crypto lending firms on the hot seat: New regulations are coming? cointelegraph.com /3 years ago
Mastercard is preparing its infrastructure for the deployment of CBDCs cointelegraph.com /3 years ago
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