The case for #CBDCs in one stat!
๐ฒin 2019 the US issued $136bn in prepaid debit cards
๐From which issuers collected $490 million in fees!
That's a transffer of half a billion dollars from the less well off to sharehholders
Stat taken from the latest issue of Cashless - the newsletter by @richardturrin
If you want to stay up to date with #CBDCs, #payments and #digitalcurrencies, you should subscribe. It's free!
Rick Huckstep
@rickhuckstep
Making Sense Of Disruptive Technologies & The Tech Economy | ๐ฃ Speaker | ๐ Writer | ๐ Podcaster | ๐จโ๐ฉโ๐งโ๐ฆ Community