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central bank digital currency

also referred to as: cbdc

2 statements across 1 episodes · 2 bullish · 0 bearish · 1 people on the record · first statement Sep 14, 2024 by Nandan Nilekani · across every show →

Everything said about central bank digital currency, oldest first

Sep 14, 2024 bullish
Prediction Not checkable as stated
Nilekani: UPI protocol can support multi-currency accounts and CBDCs
“Yeah, it's a, it can be a multi-currency protocol. It can be for wallets, bank accounts. Tomorrow it can be used for CBDC. So you can, once you have that basic infrastructure on that, you can add different types of accounts.”
Nandan Nilekani Sep 14, 2024 ▶ 25:19 Nikhil Kamath x Nandan Nilekani | People by WTF | Ep #3 · Nikhil Kamath
Sep 14, 2024 positive
Prediction Not checkable as stated
Nilekani: The major use case for CBDCs is wholesale cross-border settlements
“I think the big use of CBDC actually is in wholesale. So when you do cross country transactions, you can do settlement much faster if you both use CBDCs. So then today's settlement complexities go away.”
Nandan Nilekani Sep 14, 2024 ▶ 1:01:39 Nikhil Kamath x Nandan Nilekani | People by WTF | Ep #3 · Nikhil Kamath
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