# Private Sector and its Opportunity to Shape CBDC

- Channel: [European Blockchain Convention](https://streameth.org/european-blockchain-convention)
- Date: 2022-10-09
- Duration: 1:03:05
- Topics: Adhara, BNP Paribas, Bitcoin, Blockchain, Blockchain Enterprise, CBDC, ConsenSys, Decentralization, Frankfurt School Blockchain Center, Money, Monica Singer, Philipp Sandner, What is Blockchain
- Watch: https://streameth.org/watch/yt-sNl4wQPufzM
- YouTube: https://www.youtube.com/watch?v=sNl4wQPufzM

## Description

Commercial banks have a pivotal role to play and a unique opportunity to shape the course of CBDC at its foundation. The main risk for Commercial Banks posed by a CBDC issuance is the risk of structural bank disintermediation, which consist of the shrinking of the commercial banks’ balance sheet due to a large-scale migration from bank deposits to CBDCs.