News in Systemic Risk: Monday, March 22, 2021 (10 a.m. ET) March 22, 2021 Multi-CBDC arrangements and the future of cross-border payments (Raphael Auer, Philipp Haene, Henry Holden; Bank for International Settlements) The paradox of banknotes: understanding the demand for cash beyond transactional use (Alejandro Zamora-Pérez; European Central Bank) The Persistent Compression of the Breakeven Inflation Curve (Richard K. Crump, Nikolay Gospodinov, Desi Volker; Federal Reserve Bank of New York) Britain and EU close to agreeing forum for financial services (George Parker, Jim Brunsden; Financial Times) Turkish Lira Plunges After Erdogan Fires Central Bank Chief (Caitlin Ostroff; Wall Street Journal)