by Martijn Jeroen van der Linden and Brunello Rosa

In this fourth paper of the series of PRIMERS in the Fin-Tech and Digital Assets, we discuss: 

Hierarchies of money and currencies, including: 

  • The domestic hierarchy of money;
  • The international hierarchy of currencies; and
  • The hierarchy of Central Banks; 

The potential of CBDCs and new payment infrastructure, including:

  • China’s initiative in the digital currency race;
  • The U.S private-sector approach; and
  • Europe’s half-hearted attempt.

Download PDF: Fourth Primer: Geopolitical Battle Over Money

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