BFC Bulletins Monthly News Digest
A 2022 survey by the Bank of International Settlements (BIS) has found that 93% of central banks globally are interested in exploring some form of central bank digital currency (CBDC). The survey also found that stablecoin volatility has accelerated CBDC development, with 60% of central banks citing it as a motivating factor. In fact, the number of central banks willing to issue a CBDC within the next 3 years has risen 18%, and 15 retail CBDCs and 9 wholesale CBDCs are now expected by the end of the decade.
