Odaily News According to a report released on Monday by Juniper Research, a market research and consulting firm focused on digital technology and innovation, it predicts that central bank digital currency transactions will grow significantly, "By 2031, the number of global payments made using central bank digital currencies will reach 7.8 billion, a sharp increase from 307.1 million in 2024." Juniper added that this astonishing 2,430% growth will be driven by central banks to maintain monetary sovereignty in the face of the dominance of card networks and the growing popularity of stablecoins. As of September, 134 countries and monetary unions (representing 98% of the world's GDP) are reportedly exploring central bank digital currencies. The report also highlights the significant cost advantages of these digital currencies in international payments, "The study predicts that cross-border payments will save $45 billion by 2031 through the use of central bank digital currencies and stablecoins." (Bitcoin.com)