As countries around the world dive into central bank digital currencies (CBDC), many in the crypto industry look forward to what that means for adoption and even lucrative partnerships to develop such tokens. However, at least some commentators have noted that national CBDCs will likely disappoint those looking to update monetary policy.
Speaking to Cointelegraph, Ido Sadeh Man and Barry Topf — respectively the founder and chief economist of Saga, a global stablecoin project — cautioned against the wave of optimism surrounding CBDCs.