Key Implications of CBDCs for Traditional Banking
24
2
BTCCSquare news:
Central Bank Digital Currencies (CBDCs) are reshaping the financial landscape, with profound implications for traditional banking systems. The digital nature of CBDCs promises to enhance financial inclusion by reaching unbanked populations, bypassing the need for physical infrastructure.
Banks face potential disintermediation as CBDCs enable direct transactions between individuals and central banks. This shift could redefine the role of traditional financial intermediaries, forcing them to adapt their value propositions in an increasingly digital economy.
By:
