BASINGSTOKE, England, March 13 (Bernama-BUSINESS WIRE) — The new study from Juniper Research, foremost experts analysing the fintech & payments market today, found the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This radical growth of over 260,000% reflects the early stage of the sector; currently limited to pilot projects.
Adoption will be driven by governments leveraging CBDCs to boost financial inclusion and increase control over how digital payments are made. CBDCs will improve access to digital payments, particularly in emerging economies; where mobile penetration is significantly higher than banking penetration.