Rashad Cassim, Deputy Governor of the South African Reserve Bank, emphasises the need for modernising the country's payment system over the immediate introduction of a retail CBDC, highlighting the importance of fast, secure, and inclusive digital payments.

Rashad Cassim, Deputy Governor of the South African Reserve Bank, emphasises the need for modernising the country's payment system over the immediate introduction of a retail…

The South African Reserve Bank is pausing plans for a digital rand despite stablecoin threats. Discover why the CBDC is not a priority.