Reserve core: on digital finance and dollar dominance

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Reserve core: on digital finance and dollar dominance
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  • 📰 TheEconomist
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Our podcast on markets, the economy and business. This week, we look at claims that digital payments and currencies could dethrone the dollar

FROM ALIPAY’S QR codes to PayPal, it’s never been easier to move money around. Central banks are even considering their own digital currencies. And all that cross-border cashlessness has some wondering about the dollar’s international dominance.

On this week’s podcast, hosts Mike Bird and Tom Lee-Devlin examine the risks to the world’s reserve currency.’s Arjun Ramani explains how far digital payments have come; Mairead McGuinness, European Commissioner for financial services, discusses ambitions for a digital euro; and Michael Pettis from Peking University explains the costs inherent in hosting a reserve currency. Runtime: 42 min

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