Why Governments Around the World are going Ga-Ga for CBDCs

By Pierrick Ribes, 25 July 2023

Previously: Government Adoption of Blockchain and Web3

Growing Interest and Research in CBDC Projects Worldwide

The emergence of CBDCs as a prominent use case of blockchain technology has garnered significant attention from governments worldwide. Many central banks are actively researching or piloting CBDC projects. CBDCs offer several potential benefits, such as facilitating faster and cheaper cross-border transactions, improving financial inclusion, and enabling more efficient monetary policy implementation. According to the Atlantic Council, there are 114 countries, representing over 95 percent of glob

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