The direction of the central bank’s digital currency (CBDC) is increasingly showing positive signals as most countries have already begun to consider accepting these assets in the financial system.
Recently the governor of the Bank of France (BoF), François Villeroy de Galhau revealed the strengthening of the CBDC can be clearly seen over the next three years.
While in the next five years, CBDC will be widely used in daily necessities and services, thus pushing this asset into a remarkable system.
His prediction was shared at the World Economic Forum in Davos yesterday.
Coincidentally, a statement from the managing director of the International Monetary Fund (IMF), Kristalina Georgieva at the time supported de Galhau's prediction:
"The world will see the emergence of the CBDC in five years."
But the figure was unhappy with the Terra (LUNA) collapse incident in early May.
Georgieva described the 20% profit guarantee that is not based on any assets as nonsense: "It's a pyramid scheme project."
Even so, he stressed that all cryptocurrency projects should not be viewed negatively.
For example, stablecoin: "Some projects deserve to be called" stablecoin "because they are supported 1: 1 by stable assets. For me, investors who face losses are because they still do not understand the concept of this new investment."
Following that, Georgieva urged the public not to ignore the overall importance of digital currency because when these assets are well supervised and given proper exposure, it will facilitate the community with fast service offerings at low cost.
