Countries representing over 90% of global GDP are exploring CBDCs

Cointelegraph

Published Jul 25, 2021 12:05PM ET

Updated Jul 25, 2021 01:40PM ET

The quest to understand the opportunities and challenges of a central bank digital currency, or CBDC, is underway in 81 countries, with five nations fully implementing a digital version of their currency, according to a new tracker from the Atlantic Council.

The Caribbean region is home to all five CBDCs that are currently in use, with The Bahamas, Saint Kitts and Nevis, Antigua and Barbuda, Saint Lucia and Grenada all implementing their digital cash systems.

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