The rapid emergence of digital currencies including central bank digital currencies (CBDCs), stablecoins, and cryptocurrencies has the potential to significantly transform global financial systems.
These innovations promise faster transactions, greater financial inclusion, and reduced reliance on traditional intermediaries. However, despite these potential benefits, the integration of digital currencies into global finance faces major challenges, particularly regarding interoperability between different digital currency systems and the high costs associated with cross-border transactions.
This workshop will allow a deep dive on how digital currencies can be effectively integrated into the global financial system while addressing interoperability barriers and reducing transaction costs. Understanding these challenges is critical for policymakers, financial institutions, and technology developers seeking to harness the full potential of digital currencies in improving the efficiency and inclusiveness of global finance.
