Every day, billions of transactions settle between strangers who have no idea which bank the other uses. The majority of money in daily circulation comes from commercial banks, yet we trust it because central banks stand behind the system.
What happens when new forms of digital money challenge that arrangement?
In this week's VoxTalks Economics podcast,
@timsvengali speaks with Stephen Cecchetti (
@BrandeisBiz, CEPR) about the future of money and banking. Drawing on the newly published eighth Barcelona Report in The Future of Banking series, Cecchetti discusses how central bank digital currencies, tokenised deposits, and stablecoins could reshape the financial system.
🎧 Listen now:
ow.ly/Mt4n50Z7YpK
📖 Download the report for free:
ow.ly/XyXs50Z7YpM
#CentralBanking #Stablecoins #FinancialRegulation #VoxTalks