article/opinion/columns/india- path-to-a-digital-rupee- 7624607/
- In the intro, mention Nigeria joining the list of countries that introduced CBDC.
- In the body mention the areas in which it can help especially in developing economies- to make domestic payments systems and cross-border remittances cheaper, faster and more efficient, and deepen financial inclusion. In challenges mention matching domestic priorities and design features, challenges posed by interest-bearing CBDC such as maintaining larger balance sheets etc.
- Conclude by mentioning the need to balance the benefits with the risks in the introduction of CBDCs.