The future of money: Digital currencies as decisive connectors | Daily FT

As we surge into the third decade of the 21st century, money is undergoing a radical change once more. China has developed a Central Bank Digital Currency (CBDC), introducing the digital version of the Yuan, the Digital Currency Electronic Payment (DC/EP) A century ago, amid the roaring twenties, money underwent a fundamental change with the credit card making its debut in the United States of America. The use of notes and coins of different currencies had been predominant for centuries, and the onset of a new mode of transaction was revolutionary. While the first internationally accepted cred…

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