The Geopolitics of Cross-Border CBDCs

The development of cross-border Central Bank Digital Currency (CBDC) holds the
potential to shape the global financial order. The preferred model of CBDC usage in
cross-border finance will facilitate trade and capital flows and, by proxy, economic
integration with respective power blocs. Therefore, it matters which cross-border
CBDC template becomes most widely adopted and which countries choose the
respective template.