🌍 CBDC adoption is on the rise, with 130 countries exploring digital currencies and 11 nations launching their own! 🚀 But how are these projects faring so far? Let's take a look at Jamaica's Jam-Dex, the Bahamas' sand dollar, and Nigeria's eNaira. 🧐
🇯🇲 Jam-Dex aims to promote financial inclusion, but with only 190,000 customers and limited merchant adoption, there's still work to be done. 💪
🇧🇸 The sand dollar faced challenges in addressing financial exclusion, but it's still in circulation with potential for growth. 📈
🇳🇬 Nigeria's eNaira saw rapid adoption amidst a cash shortage, but forced adoption can lead to backlash. 😬
What do you think about the future of CBDCs? Will they revolutionize global finance or face more challenges ahead? Share your thoughts in the comments! 💬