How Would the Introduction of CBDCs Affect DeFi?

After nearly a decade on the sidelines, governments, led by their apex banks, are now preparing to plunge into the blockchain space with central bank-issued digital currencies.

From barter to banknotes and now to Bitcoin, humanity’s systems of value exchange and transfer of assets have been dramatically transformed over the past two centuries. Today, the advent of cryptocurrencies and blockchain technology further underlines our innate need to carry out transactions and access essential financial services ever more efficiently.