Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said that the public sector should continue to prepare for the deployment of central bank digital currencies and related payment platforms in the future. We have not yet reached land. There's still a lot of room for innovation, and there's a lot of uncertainty about use cases. CBDCs can replace cash because of the high cost of distribution in island economies. They can provide resilience to more developed economies. Where few people have a bank account, they can increase financial inclusion.


According to the Atlantic Council, as of June 2023, only 11 countries have adopted CBDCs.
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