CBDCs are just another digital form of base money, there is no redistributive project implicit in any CBDC rollout anywhere in the world. What they do well though, is that they provide a system to accelerate the full surveillance of financial transactions.

ID verification for CBDC usage is a design requirement for every CBDC implementation. This is not something that regulators or private actors building and implementing CBDC architectures will skip on. That in fact is a benefit for the state that CBDCs offer.

The ability to individually target monetary policy is another benefit of CBDCs. They are fully programmable money, meaning that deposits and spend can be controlled at the individual level and even at the token level

This actually represents a full merger of fiscal policy, monetary policy and policing.

Another big motivator for states in implementing CBDCs is capturing tax revenue form the ‘informal economy’ so those who are not included in the banking system transact primarily in physical cash.

Many of those transactions are not currently taxed, and so by in effect replacing physical cash, which is what CBDCs will eventually do, and requiring that ID verification, states do intend to capture that additional tax revenue.

For the BRICs countries, the incentive to build a CBDC network is that they are able to create an alternative to the US dominated global financial system. This has become much more urgent after the USA froze Afghanistan’s and Russia's sovereign reserves over the past few years. It's made clear to sovereign actors that their FX reserves are not safe if they are not directly custodied.

That money has become fully politicised, and so what is happening is that different political monetary systems are being built out in response to the political US dominated global monetary system.