Are CBDCs a Threat to Crypto’s Future? — TradingView News
More than 130 countries, covering almost 98% of global GDP, are now developing or testing Central Bank Digital Currencies (CBDCs).
What started as small pilots has turned into a full-scale race to digitize money. As CBDCs move closer to launch, one big question hangs over the crypto market – will they replace cryptocurrencies, or can both exist side by side?
The Global Shift Toward Digital Money
The push for CBDCs is driven by three goals – faster payments, financial inclusion, and control over digital money. Countries like China (e-CNY), the Eurozone (Digital Euro), Nigeria (eNaira), and the Bahamas (Sand Dollar) are already leading the charge.
2025-2028 could mark a major turning point as CBDC pilots turn into real rollouts. The…
