Bank of America Says CBDCs Are the Future of Money and Payments

Bank of America Says CBDCs Are the Future of Money and Payments

“CBDCs do not change the definition of money, but will likely change how and when value is transferred over the next 15 years,” analysts led by Alkesh Shah wrote, adding that central bank digital currencies have “the potential to revolutionize global financial systems and may be the most significant technological advancement in the history of money.”

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