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Central Bank Digital Currencies as Foreign Policy

Jul 05, 2026 by L. Meyer
Originally published on Geofinance

The interesting CBDC projects are not retail wallets; they are the wholesale corridors linking central banks directly, settling trade without touching correspondent banking. Whoever writes those protocols writes the sanctions exposure of every participant.

Standards are the territory

Interoperability agreements between digital currency systems will function like currency blocs did in the last century — instruments of alignment first, efficiency second.


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