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Why Every Country Is Racing to Launch a Central Bank Digital Currency
Central Bank Digital Currencies (CBDCs) are tipped as the most significant monetary shift in 50 years, since the US left the gold standard in 1971. As of 2025, 137 countries, making up 98% of global GDP, are engaged in researching, developing, and piloting national CBDCs. Governments are racing to launch digital currencies into their economies to avoid being left behind in an industry predicted to reach $213 billion in transaction volume by 2030. In the article, you’ll learn why countries are launching CDBCs, how China’s e-CNY is leading the way, and the challenges facing central banks in their quest for digital ... (full story)
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