Opinion
Central bank digital currencies could confer economic benefits if governments don’t use them to cannibalize the commercial banking industry.
The author is an independent contributor writing an opinion or expert take. Views expressed are the author’s own and may not reflect Cointelegraph’s editorial position. Bradley Allgood is the founder and CEO of Fluent Finance, a project focused on pioneering deposit token infrastructure to bring banks and financial institutions on-chain. Before founding Fluent, Bradley designed the Web3 banking platform and its associated legal framework for the first Special Economic Zone (SEZ) in the United States.
Central bank digital currencies could confer economic benefits if governments don’t use them to cannibalize the commercial banking industry.