As digital currencies become more popular, could we be seeing the end of cash?

Mar 15, 2023

The pandemic accelerated the trend toward an increasingly cashless Sweden. Image: Unspalsh/Clay Banks

Marion Laboure

Director - Macro Strategist, Thematic Research, Deutsche Bank

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Currency in circulation as a percentage of GDP for selected countries. Sweden is increasingly becoming a cashless society. Image: Deutsche Bank

CBDC projects and pilots around the world. cashless society. digital cash

CBDC projects and pilots around the world. Note: the use of this map does not represent the Bank for International Settlements’s position regarding the legal status or sovereignty of any territory or its authorities, the delimitation of international frontiers and boundaries or the name and designation of any territory, city or area. Updated February 2023. Image: CBDC Tracker, R. Auer, G. Cornelli and J. Frost (2020).

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