BIS central bankers’ speeches  5  Production increases as demand expands, and thus employment conditions will also improve. That does not suddenly result in a rise in wages and bonuses, but tends to first lead to an increase in the number of employees, mainly non-regular employees.
Finally, appropriate international standards are the focal point in ensuring an efficient crossborder payments flow. In my view, these three features are the key determinants of a stable and broadly accepted digital currency that fits into the international financial system. Against this backdrop, safe and efficient payment markets must be brought to the next level, in particular for cross-border and cross-currency payments.