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It's Critically Important Central Bank Digital Currencies (CBDCs) Are Interoperable

Jun 25, 2020 - Nasdaq

Central Bank Digital Currencies (CBDCs) are primed to generate a significant financial shift in our lifetimes. However, unless these instruments heed the lessons learned from fiat currency, innovation will be for nought. Interoperability persists as one of the most significant hurdles to both CBDC adoption and functionality. As such, it's integral that central banks converge on this idea and harness compatibility. The term CBDC is a slight misnomer. There are, after all, several types. These in...