10% ng pera ng Aleman ay maaaring lumipat sa digital euro: Bundesbank
Tech 10% ng pera ng Aleman ay maaaring lumipat sa digital euro: Bundesbank One of the biggest concerns regarding central bank digital currencies (CBDCs) is the disintermediation of retail banks and the economic impacts of reduced deposits. Last week, the Deutsche Bundesbank released a report containing the survey results on the possible impacts of bank disintermediation by the digital euro. It explored how households would react to the CBDC and combined the answers with an economic model to test the effect on banks. The survey revealed that only slightly more than a quarter of respondents had heard of CBDCs and that more people would be interested in using them if they paid interest. The overall estimate was that 10% of German money holdings would shift into the digital euro, with bank deposits being hit the hardest. Boohoo for the banks, but it could be everyones problem Since central banks started experimenting with CBDCs, their potential to drain retail bank deposits has been discussed at length. There tend to be two camps in this debate: those concerned about the economic and political impacts of this change and those who say “boohoo” to the bankers and dismiss their concerns as an attempt to protect business interests. While it‘s tempting to