Synopsis:
Central banks around the world have spent several years exploring the application of CBDCs, while the private sector has been steadily progressing on digital asset issuance and tokenisation. But these instruments aren’t yet close to achieving scale. The options for tokenised money have only proliferated, now including tokenised reserves, synthetic CBDCs, and tokenised money market funds. Are we any closer to being able to discern the future for tokenised money in different parts of the world?
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