Understanding Central Bank Digital Currencies (CBDC)

Central Bank Digital Currencies

Why Central Bank Digital Currencies?

So, what exactly is a central bank digital currency?

  1. Has the liability of a central bank
  2. Serves as a medium of exchange
  3. Serves as a store of value
  4. It is available in denominations of an existing unit of account

Variants of CBDCs

Existing Applications for CBDCs




Advantages of Central Bank Digital Currencies




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