The #FMI positive assessments of #CBDCs

Statements made by Kristalina Georgieva regarding the IMF's positive assessments of CBDCs highlight several aspects.

1. These #instruments could help increase #financialinclusion . They are seen as bridging access to more people, to financial services and at a lower cost.

2. Such a currency could also strengthen the resilience and efficiency of payment systems. It could make cross-border payments and remittances cheaper and faster.

3. Finally, they could reduce the number of intermediaries in cross-border payments. In addition, the IMF sees CBDCs as an opportunity to foster competition and improve transparency.