Digital currencies promise to change our global financial systems’ landscape, with a few countries going to the extent of completely changing their currencies to digital ones by 2030.
Keeping these reports and studies in mind, we at dGen released a new report, “CBDCs: Geopolitical Ramification of a Major Digital Currency,” covering the current landscape of CBDC, the role the digital currencies like the Yuan and Euro, How is the Eurozone currently positioned, and what effects could a digital Euro have on this and more.
With the Dollar being the preferred global reserve currency since the early 20’s and the current state of instability in the U.S., some predict a change in financial power. China is in complete favor of such a situation as they are planning a digital Yuan launch, with Yuan being the 3rd most held currency in reserve after Euro at 2nd position globally, and if such a case becomes a reality, it will topple the Dollar and affect the Euro the most.
Therefore… Who are the major economic powers acting in this global change? What are the implications of a strong or weak digital Euro? And, What changes could digitization bring in the next decade?
Download our full report to know more.