Sand dollars: a postmodern monetary architecture

Author: IFLR Correspondent | Published: 10 Mar 2020

The Bahamas has introduced one of the world’s first central bank digital currencies as it looks to improve access and efficiency for payment systems

Cryptocurrencies like Bitcoin and Ethereum, as well as so-called stablecoins such as Facebook's Libra and the US dollar connected Tether, are garnering a lot of attention these days. However, central bank digital currencies (CBDCs) may actually see faster mainstream adoption and eventually have a more penetrating impact on the economy....