Digital Currency Revolution

  Over the last decade, digitalization, financial technology, and mobile payments have transformed the financial landscape, especially in emerging markets. This transformation, along with the rise of alternative global financial systems, has prompted central banks to accelerate the development of Central Bank Digital Currencies (CBDCs), moving them from theory to pilot programs in many countries. The momentum is undeniable—according to the Atlantic Council’s CBDC tracker, more than 95% of the global economy is now exploring CBDCs in some form. Emerging markets, however, are leading the charge with faster implementation, innovative pilots, and new models. This book provides a clear and engaging exploration of digital payments, cryptocurrencies, and CBDCs. Through real-world case studies from various countries, it examines how different economic and social contexts are shaping the adoption of these financial innovations. Readers will also find a balanced overview of the benefits and ...