Central Bank Board Member Says CBDCs Raise More Questions Than Answers

[Riya143]

A board member of the Czech National Bank has provided a less than glowing opinion on the current viability of central bank digital currencies (CBDCs).

Tomas Holub told 4H Production journalist Martina Sobkova in a wide-ranging interview on Tuesday that the role CBDCs had in providing direct liquidity to clients' accounts was technically an "attractive concept."
However, Holub stopped short of praising CBDCs, which he dubbed "helicopter money," because he hasn't seen a solution that answers outstanding questions surrounding the nature of CBDCs.
Read More: https://www.coindesk.com/czech-central-bank-board-member-criticizes-cbdcs-as-helicopter-money

[Delgado]

Of course, the stablecoins of the central banks of states are a completely new direction in the financial world. Here, at the initial stage of their existence, there will be many questions and difficulties that will need to be overcome. However, the national stablecoins of the central banks of states open up many wide opportunities for their use and are very profitable in economic terms compared to cash, which is very costly for the state.

[Astra]

Representatives of many states have already spoken about the possibility of issuing their own national digitized currencies. All of them noted the positive aspects of such stablecoins, and few people stated the complexity of this procedure. Of course, the digitized currency of states is absolutely new in the financial sector, it requires a completely new approach, but a number of states have already developed some practice on this issue.