Money Talks: Another way, another dollar?

From Alipay’s QR codes to PayPal, it’s never been easier to move money around. Central banks are even considering their own digital currencies. And all that cross-border cashlessness has some wondering about the dollar’s international dominance.On this week’s podcast, hosts Mike Bird and Tom Lee-Devlin examine the risks to the world’s reserve currency. The Economist’s Arjun Ramani explains how far digital payments have come; Mairead McGuinness, European Commissioner for financial services, discusses ambitions for a digital euro; and Michael Pettis from Peking University explains the costs inherent in hosting a reserve currency.We would love to hear from you. Please fill out our listener survey at economist.com/moneytalkssurveySign up for our new weekly newsletter dissecting the big themes in markets, business and the economy at www.economist.com/moneytalks For full access to print, digital and audio editions, subscribe to The Economist at www.economist.com/podcastoffer Hosted on Acast. See acast.com/privacy for more information.