Article Series: CBDCs, Stablecoins and Alternative Emerging Payment Solutions on the Money Ecosystem

As part of our ADGMA Research Centre Insights Series, we are publishing adapted articles from amongst our strategic collaborators. This article is republished with the kind permission of FNA. Carlos León, Director of FMIs & Digital Currency Solutions at FNA and a Fellow Researcher at Tilburg University, and José Moreno, Senior Data Scientist at FNA, provide a comprehensive exploration of the evolving landscape of digital currencies, including retail and wholesale Central Bank Digital Currencies (rCBDCs and wCBDCs), stablecoins, and cryptocurrencies. With a foreword by Dmitry Fedotov, Head of DLT Foundations Oversight at ADGM, the article not only recognizes the transformative potential of emerging digital assets, but also delves in the associated uncertainties and risks.