Furthermore, it bears mentioning that following the dawn of the coronavirus pandemic, the use of physical cash has continued to dwindle globally, with many now transitioning to digital payments in order to minimize potential health risks, while others have simply grown accustomed to online shopping. So, there are several reasons why an increasing number of countries may be looking to employ CBDCs, especially because they make it possible for people to facilitate fast, convenient, contactless remittances. But how many nations are actually open to launching such a solution?
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Source: Cryptocurrency - investing.com
