Why Nepal needs digital currency

Introducing Central Bank Digital Currencies can help us improve our financial system.

The global conversation around Central Bank Digital Currencies, or CBDCs, is gaining momentum. In countries like the United States, there’s a growing debate not about whether such technology is possible but about how it should be regulated and used. Stablecoins backed by the US dollar have attained support for settling payments and sending money across borders. However, the future of a digital dollar issued by the US government remains uncertain.