Euro Banking Association report takes a deep dive into new forms of digital money

The Euro Banking Association (EBA) today released a report on current developments in digital money, such as Central Bank Digital Currencies (CBDC) and stablecoins. “CBDC, stablecoins and beyond: a deep dive into new forms of digital money” provides a comprehensive overview of these new forms of digital money and how banks can prepare themselves for their implementation and adoption. The report covers Central Bank Digital Currencies (CBDC) and privately issued stablecoins (either bank or third-party issued), both of which have become increasingly topical over the past year.