In new research published by the Policy Center for the New South, Hung Tran highlights the benefits of tokenized money. Developments in monetary tokenization provide many opportunities but raise questions about reserve currencies, payment systems, and more, which Tran explores in this report. He does warn that digital currency could lead to complications, which means continued global cooperation is needed to avoid potential shortcomings of tokenization in the future.

To read more at the Policy Center for the New South, click here.

All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.