This article presents a discussion of the role of central bank digital currency (CBDC),  Fintech and cryptocurrency for financial inclusion and financial stability. We show that  Fintech, CBDC and cryptocurrency can increase financial inclusion by providing an  alternative channel through which unbanked adults can access formal financial services. 

CBDC and Fintech services have the potential to preserve financial stability while  cryptocurrency presents financial stability risks that can be mitigated through effective  regulation. The paper also identified some problems of CBDC, Fintech and  cryptocurrency for financial inclusion and financial stability. The paper offered some  insight about the future of financial inclusion and the future of financial stability. Although CBDC, Fintech or cryptocurrency can extend financial services to unbanked adults and  offer cost-efficient advantages, there are risk considerations that need to be taken into  account when using CBDC, Fintech and cryptocurrency to increase financial inclusion  and to preserve financial stability.