IMF: Quality CBDC Design Won't Break the Banks

The IMF myth-busts banks' fear-mongering that CBDCs will create financial instability.

The IMF myth-busts bank claims that CBDCs will cause financial instability by showing how the impact of CBDC on financial stability is unlikely to be material if designed as a means of payment, not a store of value.

Banks loathe CBDC and regularly complain that it will make the banking and financial system unstable through deposit flight, which causes banks massive losses.

The IMF shows in detail how CBDCs bring real benefits to payments and that quality design is the key to ensuring that CBDC’s impact on banks is minimal.

CBDCs won’t break the banks!