Reserve - Tokenized Trust: Central Banks and the Future of Digital Settlement

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Reserve - Tokenized Trust: Central Banks and the Future of Digital Settlement

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Nick Ledger explores how the Bank for International Settlements is designing tokenized central bank reserves to revolutionize global settlement infrastructure. The episode examines the two-tier monetary system, programmable money, delivery versus payment mechanics, stablecoin implications, and the delicate balance between innovation and financial stability in modernizing the foundation of money itself.

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