Central bank digital currencies will revolutionize how companies settle international trade and reduce the need for greenbacks in the world economy, says Michael Casey.

Today's episode is sponsored by Kraken Pro.

Today’s featured story is an opinion piece from CoinDesk’s Michael Casey, titled: “The Real Use Case for CBDCs: Dethroning the Dollar.”

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Not investment advice. Some crypto products and markets are unregulated. The unpredictable nature of the cryptoasset markets can lead to loss of funds and profits may be subject to capital gains tax.

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This episode was hosted by George Kaloudis. “Markets Daily” is executive produced by Jared Schwartz and produced and edited by Eleanor Pahl. All original music by Doc Blust and Colin Mealey.