**News Flash: CBDCs - The Future or Just a Fad? đ€**
Central Bank Digital Currencies (CBDCs) are all the rage, with 134 countries exploring them, up from just 35 in 2020. Yet, only the Bahamas, Nigeria, and Jamaica have fully implemented one. Despite the hype, global adoption seems far offâmaybe 20 years away.
Why the delay? Public skepticism, especially in the U.S., and political opposition are major hurdles. Plus, the global financial system would need a massive overhaul.
Stablecoins might be the real game-changers. They're already in use and less controversial. What do you think? Are CBDCs the future or just a passing trend? Share your thoughts below!