Uniformity of money - new challenges and lessons from the past
Summary
In modern economies, uniformity of money is often taken for granted. However, uniformity did not always hold in the past, and new developments - such as the decline in the use of cash for payments or the emergence of new forms of private digital money - may pose challenges. This economic note explores these challenges, draws lessons from the past, and discusses potential measures for authorities to support uniformity.
- Issue:
- 03
- Pages:
- 6
- Keywords:
- Uniformity, Singleness, Money, Digital money, Stablecoins, Central banks, Regulation, Trust, Settlement, Convertibility, Cash
- Year:
- 2026