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Bank of France Deputy Governor Views CBDCs as a Catalyst For Cross-border Payments

Denis Beau, the first deputy governor of Banque de France has referred to Central Bank Digital Currencies (CBDCs) as a foundation for a new global monetary system. According to him, CBDCs should be developed to implement...

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Bank of France Deputy Governor Views CBDCs as a Catalyst For Cross-border Payments
Denis Beau, the first deputy governor of Banque de France has referred to Central Bank Digital Currencies (CBDCs) as a foundation for a new global monetary system.
According to him, CBDCs should be developed to implement cross-border payments rather than for local financial settlements alone and being a double for fiat. 
“(CBDCs) are the catalyst for improving cross-border payments by enabling the build-up of a new international monetary system.” ...
Read More: Bank of France Deputy Governor Views CBDCs as a Catalyst For Cross-border Payments

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