Central Bank Digital Currency's Role in Promoting Financial Inclusion
Financial inclusion is a top priority, with about 60 percent of emerging and low-income countries considering it one of their top three motivations for issuing a retail CBDC.
Central bank · BR · 3 documents
Financial inclusion is a top priority, with about 60 percent of emerging and low-income countries considering it one of their top three motivations for issuing a retail CBDC.
In Ghana, the growth of mobile money increased access to financial services for unbanked demographics, with 35 percent of adults in rural areas reporting having used the service between 2014 and 2017.
In 2021, there were more than 300 million users of digital payments and more than 30 million users of digital banks across Latin America.