CBDCs and sustainable tokenization in Latin America: A framework for the modernization of monetary policy

This paper examines how central bank digital currencies (CBDCs) in Latin America can modernize monetary policy by directly transmitting interest rates to households and firms, enhancing financial inclusion, exchange rate stability, and policy effectiveness. It also explores the integration of CBDCs with sustainable tokenized assets, enabling central banks to strategically guide investment toward green projects while preserving financial stability.
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