CBDC Transactions to Exceed $213bn by 2030, as Pilots Accelerate Rapidly
The latest study
by Juniper Research, the foremost experts analysing the fintech & payments market today, has found that the value of payments via CBDCs (Central Bank Digital Currencies) will reach $213 billion annually by 2030; up from just $100 million in 2023. This radical growth of over 260,000% reflects the early stage of the sector; currently limited to pilot projects.
Adoption will be driven by governments leveraging CBDCs to boost financial inclusion and increase their control over how digital payments are made. CBDCs will improve access to digital payments, particularly in emerging economies; where mobile penetration is significantly higher than banking penetration.
Our complimentary whitepaper, CBDCs ~ A New Wave in Payments
, examines the progress to date within CBDC development and the potential for future growth.
“Juniper Research’s new CBDCs & Stablecoins research provides in-depth analysis and evaluation of how these new payment system risk types are being developed and commercialised within financial markets; delivering critical insights on how they will change business models in payments, key vendors driving the evolution of the market and the future prospects for these payment types of digital assets. It provides an evaluation of the development of CBDCs (Central Bank Digital Currencies) and stablecoins across 19 different key countries of interest. The study also contains the Juniper Research Competitor Leaderboard; positioning 15 key CBDCs platform vendors.”