
Innovation and the future of the monetary system
BISness
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The Importance of Retail CBDC
In India also 50% of the transaction is cash Singapore despite our advancement in this space we still have 22% cash based transaction merchants. So so there is an argument where retail CBDC will exist as a payment instrument super efficient payment instrument for the low tier segment. Is that what and people will hold it as a as a safety net rather than a primary form of a form of a payment instrument.
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