Opinion
CBDCs bridge the 1.3 billion unbanked cash-digital divide. Governments must actively promote them as trusted, low-cost gateways to formal financial inclusion.
Xin Yan
Xin Yan is the Co-Founder and CEO of Sign, a blockchain infrastructure company building onchain verification and identity standards. Xin is a former senior investment manager and blockchain engineer at Fundamental Labs and Huobi Group. Sign supports government blockchain initiatives across the UAE, Thailand, Kyrgyzstan, Singapore, Barbados and Sierra Leone.
Governments need CBDCs to improve financial inclusion among citizens