The future of digital currencies and their impact on global markets is one of the most prominent economic topics in modern times, given the rapid growth in the use of cryptocurrencies such as Bitcoin and Ethereum, and the adoption of blockchain technologies by some countries and financial institutions. Below is an overview of the future of these currencies and their potential impact:
---
First: The Future of Digital Currencies
1. Greater Adoption by Institutions and Countries
Some central banks have begun to develop official digital currencies (CBDCs) such as the digital yuan in China.
Increased interest from major financial institutions such as BlackRock and Goldman Sachs in digital currencies as investment assets.
2. More Clear Legal Regulation
The global trend towards regulating digital currencies will increase investor confidence.
The challenge lies in balancing innovation and consumer protection.
3. Expansion in Daily Uses
The use of cryptocurrencies for purchases, international transfers, and even salaries.
Platforms like PayPal and Visa have started supporting some digital currencies.
---
Second: The Impact on Global Markets
1. Change in the Traditional Financial System
Banks may lose part of their intermediary role in financial transactions.
The emergence of decentralized finance (DeFi) models may change the nature of loans and investments.
2. Increase in Market Volatility
Cryptocurrency prices are characterized by fluctuations, which affects financial stability.