The Future of Money: Exploring CBDCs, SWIFT, and BRICS countries | Latest Financial Trends
Update: 2024-04-10
Description
The discussion on Central Bank Digital Currencies (CBDCs)is an important one because it will shape the future of finance, economies, and geopolitics.
In this discussion with second time guest Richard Turin,author of 'Cashless: China's Digital Currency Revolution,' we delve into key developments such as China's Digital Yuan in international trade, India's piloting of its own CBDC, and the potential impact on the dominance of the U.S.dollar in international trade are examined. The conversation also touches on the evolution of payment systems, the significance of digital wallets, and the position of major card networks like Visa and MasterCard in the face of evolving digital finance infrastructure.
#cbdc #fintech #finance
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