As CBDCs Gain Traction in Asia, Crypto-Native Projects Will Need to Prove Their Worth
In the article, we will discuss the growing trend of central bank digital currencies (CBDCs) in Asia and their potential impact on the existing cryptocurrency ecosystem.
The Current State of Central Bank Digital Currencies (CBDCs) in 2023
Today, countries representing over 95 percent of global GDP have begun to explore CBDCs. While most countries are years away from implementation, central banks in Asia, Africa, and the Caribbean have already paved the way.
