How Would the Introduction of CBDCs Affect DeFi?

After nearly a decade on the sidelines, governments, led by their apex banks, are now preparing to plunge into the blockchain space with central bank-issued digital currencies.

From barter to banknotes and now to Bitcoin, humanity’s systems of value exchange and transfer of assets have been dramatically transformed over the past two centuries. Today, the advent of cryptocurrencies and blockchain technology further underlines our innate need to carry out transactions and access essential financial services ever more efficiently.

01:23 - What is a CBDC and why have they suddenly become necessary?
02:50 - CBDCs: common characteristics
04:18 - What are the areas that CBDCs could affect DeFi?
05:33 - Impact of CBDCs on Stablecoins
09:33 - Impact of CBDCs — on/off ramping
11:07 - Impact CBDCs on Yield Farming & DeFi Investing
13:13 - Impact of CBDCs on Security, Privacy & Censorship in DeFI
16:06 - Impact of CBCDs on the Competition for Web3 Talent
18:21 - Potential Areas of Synergy Between CBDCs and DeFi

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