Future of digitising cash
by Marion Laboure, Macro Strategist, Deutsche Bank
- Key timing points
- 0:18 Mapping the payment landscape
- 2:00 Counter-intuitively, cash is still growing…
- 4:00 … but not immune to Covid-19 pandemic
- 7:22 Timeline of CBDC research and experiment
- 8:58 Key design features of central bank money
- 11:01 Aim of central banks in getting into digital money
- 11:58 Opportunities & top challenges presented by CBDCs
- 17:30 Key takeaways for CBDCs
CTMfile take: 1. Cash is not going to disappear anytime soon. 2. Central Bank Digital Currencies will go mainstream by 2030 in some countries and will change the payment landscape significantly.
The WEBchat covers:
- Where digital cash fits in the payment landscape
- How cash is still growing
- The impact of COVID-19 on cash usage
- How central-banks are experimenting with digital cash
- The key design features in central-bank digital currencies
- Opportunities & top challenges presented by CBDCs
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