IMF boss on the future of digital currencies: ‘buckle up’
Digital currencies and CBDCs will be the future of cash, but IMF's Kristalina Georgieva claims that they have to be "cheap, stable, and trusted" to work.
Digital currencies and CBDCs will be the future of cash, but IMF's Kristalina Georgieva claims that they have to be "cheap, stable, and trusted" to work.
Unlike wholesale CBDCs, which can be put in place without significant disruptions, retail CBDCs are more risky and could threaten the world's financial stability, according to IMF's Kristalina Georgieva.