EU Bankers Weigh Risks, Rewards of CBDC – and Cash’s Staying Power
PYMNTS
SEPTEMBER 15, 2020
The comments from the meeting in Germany come as a paper from the ECB found that cash still remains the dominant payment mechanism (at about 76 percent of transactions). He said that a wholesale CBDC, “restricted to a limited group of financial counterparties, would be largely business as usual.”.
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