Ep478: The potential for CBDCs to revolutionise the global payment system as we know it

Peter Woeste Christensen, Director, Lucht Probst Associates GmbH (LPA) 

Peter Woeste Christensen, Director at capital markets technology and consulting firm LPA, believes that the rise of CBDCs has the potential to completely replace the current corresponding banking model. A shift from physical cash to CBDCs could move the current deposit model to a pure custody model, where banks no longer have direct access to retail funding. He expanded on this topic in conversation with IBSi’s Reporter Gaia Lamperti.