Great insight and sharing, but I think we have stablecoins and the underlying public permissionless ledgers they operate on to thank far more than any CBDC — most of which remain in limited POC or pilots, and have yet to demonstrate product market fit in their limited architecture. I can only hope that CBDCs begin to address these architecture deficiencies and inspire banks to compete too.
Great insight and sharing, but I think we have stablecoins and the underlying public permissionless ledgers they operate on to thank far more than any CBDC — most of which remain in limited POC or pilots, and have yet to demonstrate product market fit in their limited architecture. I can only hope that CBDCs begin to address these architecture deficiencies and inspire banks to compete too.