The 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
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