How Central Banks Are Testing Digital Currencies

China's digital yuan now reaches over 200 million wallets. But central banks from the Eurozone to Nigeria are racing to build their own digital currencies. In this episode, Lucas and Luna explore how central bank digital currencies could transform monetary policy transmission — from real-time data on spending to negative interest rate capabilities — and what risks lurk beneath the surface, including privacy concerns and the potential for bank disintermediation. They anchor the conversation in the latest pilots from China, Sweden, and the Bahamas, and ask whether CBDCs are really about efficiency or about central banks reclaiming control over the money supply in a digital age. #CBDC #CentralBankDigitalCurrency #DigitalYuan #MonetaryPolicy #DigitalEuro #SwedishEKrona #SandDollar #China #BankForInternationalSettlements #FinancialStability #MonetaryTransmission #Privacy #BankDisintermediation #NegativeInterestRates #Economics #FexingoBusiness #BusinessPodcast #MonetaryPolicyExplained Keep every episode free: buymeacoffee.com/fexingo