Insights

Central Bank digital currencies: A marriage of convenience?

Central bank digital currencies

Private cryptocurrency has been around for 15 years, and institutional acceptance is now a reality. Movement toward public, Central Bank-issued digital currencies (CBDCs), on the other hand, is proving more deliberate by design.
 

October 2024

The demand for safe, digital currencies is growing and the gains from efficiency look significant. However, the accompanying risks are under-discussed.

We speak with Antoinette Schoar, our academic partner and Professor of Finance at MIT’s Sloan School of Management, who has long tracked trends in crypto markets and offers a thoughtful approach to the issue and adoption of CBDCs in the coming years.
 


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