Morgan Stanley Says Central Bank Digital Currencies May Drive Move Away From US Dollar

Banking giant Morgan Stanley says that central bank digital currencies (CBDCs) may contribute to a shift away from the US dollar’s hegemony. In a new research note, Andrew Peel, executive director and head of digital asset markets at the bank says that CBDCs are capable of creating a new standard for cross-border payments, reducing the […] source: https://dailyhodl.com/2024/01/15/morgan-stanley-says-central-bank-digital-currencies-may-drive-move-away-from-us-dollar/