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Central Bank Currencies Will Remain Backbone Of Global Financial System, Says ECB's Benoit Coeure
Summary: Benoit Coeure, the French economist and member of the Executive Board of the European Central Bank, believes that central bank currencies will remain the backbone of the global financial system. According to a recent interview with CNBC Asia, Coeure said that the stability of the global financial system necessitates central bank money being available at the back-end of the ...
Benoit Coeure, the French economist and member of the Executive Board of the European Central Bank, believes that central bank currencies will remain the backbone of the global financial system.
According to a recent interview with CNBC Asia, Coeure said that the stability of the global financial system necessitates central bank money being available at the back-end of the system. However, to remain the backbone of the system, these currencies may need to evolve or be tokenized.
By Janelle Fox
Tags: Benoit Coeure,Central bank currencies,Fiat,Tokens
Link: Central Bank Currencies Will Remain Backbone Of Global Financial System, Says ECB's Benoit Coeure [Copy]
