Central banks worldwide exploring digital currencies to reshape payment systems.
The article discusses how technology is changing the way we make payments. It looks at different types of digital currencies like Bitcoin and stablecoins, and how they are being regulated by governments. The paper suggests that central banks should focus on improving their payment systems before creating new digital currencies. China has already started working on its own digital currency, and many other countries are looking into it too. In the future, we might see a mix of digital currencies created by both governments and private companies to make our money systems better.