Still too cryptic to oust even the humble rand
The global economy remains anchored in conventional fiat money — but as digital finance evolves, the debate over crypto’s role will intensify
23 March 2025 - 00:00
For more than a century, global trade and finance have relied on traditional currencies — fiat money issued and regulated by central banks. These currencies, whether the dollar, euro, sterling or yen, form the backbone of international commerce, enabling seamless transactions through such networks as SWIFT...
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