MC26. What is the main advantage of CBDCs?
A. They are more secure than physical cash.
B. They are easier to use than physical cash.
C. They can be used to facilitate cross-border transactions.
D. They can increase financial inclusion and reduce costs.
Answer:D
MC26. What is the main advantage of CBDCs?
A. They are more secure than physical cash. B. They are easier to use than physical cash. C. They can be used to facilitate cross-border transactions. D. They can increase financial inclusion and reduce costs.
Explanation: CBDCs have the potential to increase financial inclusion by providing access to banking services for those who do not have access to traditional banking systems. CBDCs can also reduce costs associated with cash handling and management.