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Transforming the way payments and FX move through emerging and frontier markets

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Our Solutions

Transforming the way payments and FX move through emerging and frontier markets

Articles

Bhairav Trivedi, CEO of Crown Agents Bank speaks to Fintech Global about if 2022 could be the year of the CBDC

FinTech Global put the question to industry experts including Crown Agents Bank CEO Bhairav Trivedi, who commented, “Over the past few years or so, there has been increasing speculation around CBDCs.

“With digital currency, central banks don’t need to print cash or hold physical money. Currently, countries can print as much money as they like, resulting in problems like paper waste but also hyperinflation. Using a controlled digital currency could eliminate this problem. We have seen interest in CBDCs rise drastically in 2021 and while I can’t forecast what will happen in the year or years to come, CBDCs are the way forward” - Bhairav Trivedi, CEO of Crown Agents Bank

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