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For starters, settlement becomes simpler. You’d be surprised at how archaic current settlement systems are. The Reserve Bank of India’s concept note on CBDCs i
by ssivark 4y ago
For starters, settlement becomes simpler. You’d be surprised at how archaic current settlement systems are.
The Reserve Bank of India’s concept note on CBDCs is actually a nice starting point to understand the motivations (see Chapter 3): https://web.archive.org/web/20221105065458/https://rbidocs.rbi.org.in/rdocs/PublicationReport/Pdfs/CONCEPTNOTEACB531172E0B4DFC9A6E506C2C24FFB6.PDF https://web.archive.org/web/20221105065458/https://rbidocs.r...