Financial Inclusion
Access to affordable financial services for underserved populations via digital means.
What is Financial Inclusion?
Financial inclusion reaches 1.7 billion unbanked globally through tools like mobile banking and CBDCs, with examples including India’s UPI serving 300 million users. CBDCs like e-CNY enable wallet openings without bank accounts, targeting elderly and rural users with offline features.
In digital assets, it fosters DeFi access, reducing costs by 20-30% for remittances, as seen in Bahamas’ Sand Dollar for unbanked islands. Over 100 countries explore CBDCs for this, closing gender gaps in account ownership.
Related Terms
Liquidation (Lending)
The automated sale of a borrower’s collateral when its value falls below a protocol’s required threshold.
mNAV
Multiple of Net Asset Value - a valuation metric for digital asset treasury companies, representing the ratio of enterprise value to digital asset holdings value.
Market Manipulation (Prediction Market)
The act of intentionally distorting a prediction market’s prices to influence outcomes or perceptions.
Spot Price
The current market price at which a digital asset can be immediately bought or sold.
Smart Contract
Self-executing code on the Ethereum blockchain that automatically enforces agreement terms when conditions are met.
Based Rollup (L1-sequenced)
A based rollup is a layer-2 scaling solution for Ethereum that uses the layer-1 blockchain's validators for transaction sequencing, enhancing decentralization and alignment with Ethereum's security model.