The white paper highlights the benefits of Central Bank Digital Currencies (CBDCs) in various areas. One of the key advantages is the potential to enhance financial inclusion by providing access to banking services for individuals who are currently unbanked or underbanked. CBDCs can also simplify cross-border payments, making them more efficient and cost-effective. Additionally, implementing CBDCs can strengthen the control over monetary policy, allowing central banks to have better oversight and regulation of the economy. Overall, the white paper emphasizes the positive impact that CBDCs can have on expanding financial inclusion, improving cross-border payments, and reinforcing monetary policy control.
HomeDIGITAL ASSETS REGULATORYworldwide-stablecoinRipple issues white paper on CBDCs, reiterates belief in their potential