Step aside Bitcoin, central bank digital currencies can be the real disruptors, S&P says“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹

Step aside Bitcoin, central bank digital currencies can be the real disruptors, S&P says“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹“‹

Central bank digital currencies have the potential to be the real disruptor in the financial sector, as opposed to cryptocurrencies that are merely a tool for speculative investment, according to S&P Global Ratings.

“The price of a cryptocurrency is volatile and it can go down, but what cannot go down is the price of a CBDC,” Mohamed Damak, a senior director at S&P Global Ratings, said on Sunday. “A digital dollar will always remain a digital dollar, unless the Fed decides otherwise.”