1
With CBDCs, the toughest part is adoption: Ashok Venkateswaran of Mastercard.
2
Juniper Research, a research and consulting firm, believes “CBDC payments could reach $213 Billion by 2023.”
The concept of Central Bank Digital Currency (CBDC) in today’s era is majorly inspired by the ongoing modernization of currencies and cryptocurrencies. Ashok Venkateswaran of Mastercard stated his thoughts on CBDCs while talking to CNBC.
“The tough part is the adoption. So if you have CBDCs in your wallet, you should have the ability for you to spend it anywhere you want- very similar to cash today,” said Venkateswaran.
At the beginning of this week, the Singapore Fintech Festival was organized and dozens of financial experts stated their beliefs over evolution and adoption of central bank digital currency.
Earlier this week, Mastercard concluded the testing of its solution in the Hong Kong Monetary Authority HKD pilot program to simulate the use of r
We współpracy z: https://www.thecoinrepublic.com/2023/11/18/adoption-is-biggest-challenge-for-cbdcs-mastercard-executive/
