Central Bank Digital Currencies

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Conceptual business illustration of risk zone metaphor with businessman silhouette standing like between a rock and a hard place. Minimalistic vector illustration

Consensus Magazine

This Crisis Will Define the Future of Money

The recent collapse of three high-profile banks - Silicon Valley Bank, Silvergate Bank and Signature Bank - has caused worrying outflows at hundreds of regional banks. Now, with the U.S. Federal Reserve creating a new backstop facility reportedly worth $2 trillion, the echoes of crises in 2008 and 2013 are loud.