Sanket TaydeDec 18, 2021 · 3 years ago9 answers What role do digital currencies play in the global economy and financial system?
In the global economy and financial system, how do digital currencies contribute and impact various aspects? What are the specific roles and functions of digital currencies in terms of transactions, investments, and financial stability? How do they interact with traditional fiat currencies and affect monetary policies? How do digital currencies influence cross-border transactions and international trade? What are the potential benefits and risks associated with the widespread adoption of digital currencies?