As economies around the world move towards a greater degree of digitalisation and look to foster greater financial inclusion, CBDCs could prove to be crucial to safeguarding central bank money. James Wallis, vice-president, central bank engagements and CBDCs, RippleX at Ripple, joins John Orchard, chief executive officer of OMFIF, to discuss the economic benefits and risks surrounding CBDCs, collaboration between the private and public sectors, the stablecoin debate and privacy trade-off concerns.