IMF Proposes Digital Money to Enhance Financial Inclusion in Pacific Island Nations

Source: Cryptonews

The International Monetary Fund (IMF) has suggested that digital money could significantly improve financial inclusion and enhance the quality of financial services in the remote and dispersed nations of the Pacific Ocean. 

In a report published on March 25, the IMF’s senior economic experts examined the potential impact of both private stablecoins and central bank digital currencies (CBDCs) on the economies of Pacific Islands countries.