Search
 
Analysis

Research and Development, and Developing a Point of View

Part 3 of 3: What should corporate treasury and finance teams be doing today to prepare for the digital future of currencies?

By T&R Staff | May 27, 2022 at 01:29 PM
Stock illustration: Transfer of digital currencies

For the past two weeks, Treasury & Risk has been speaking with Alexander Bant, chief of research in the Gartner Finance practice, about the future of digital currencies. Gartner predicts that 20 percent of large enterprises will be using digital currencies by 2024, and we wanted to understand why.

We’ve discussed with Bant the prospective benefits to corporates of using digital money for payments, cash investments, and sales. He’s also explained where central bank digital currency (CBDC) development and cryptocurrency regulation stand, as well as the use cases that some companies are beginning to pursue.

We’re concluding the discussion this week by asking what corporate treasury teams should expect in the near future, and what they should be doing now to prepare.

Treasury & Risk:  So, given where companies currently are in the research and evaluation process, what needs to happen before digital currencies become widely accepted in corporate treasury operations?

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2023 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

 

Recommended Stories

U.S. Dollar Has Strong Start to 2023

U.S. Dollar Has Strong Start to 2023

Alice Gledhill |

Only the Japanese yen has proved stronger than the greenback among G-10 currencies so far this year, with the Norwegian krone, euro, and Swiss franc falling sharply.

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2023 ALM Global, LLC. All Rights Reserved.