In abstract, the market setting continues to be fluid, and there’s no clear winner on both aspect. In the end, the coexistence of CBDCs, tokenized deposits and stablecoins hinges on hanging the appropriate steadiness to satisfy clients’ wants and making certain belief of their redemption as fee transactions. This coexistence needs to be pushed by software, with central banks persevering with to dictate financial insurance policies and problem cash whereas counting on personal regulated entities, equivalent to banks, for distribution to the general public.
