Difference between revisions of "CBDC"
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Central bank- | '''CBDC''', a Central Bank Digital Currency, is a digital currency issued by a central bank.<ref>https://www.bostonfed.org/publications/one-time-pubs/project-hamilton-phase-1-executive-summary.aspx</ref> CBDCs have the same value as the physical [[Fiat Currency|fiat currency]] of a country and are redeemable in cash. They are digital yet not likely to use a [[blockchain]].<ref>https://www.bostonfed.org/publications/one-time-pubs/project-hamilton-phase-1-executive-summary.aspx</ref> | ||
== References == | |||
[[Category:Glossary]] | [[Category:Glossary]] | ||
Revision as of 03:02, 21 May 2022
CBDC, a Central Bank Digital Currency, is a digital currency issued by a central bank.[1] CBDCs have the same value as the physical fiat currency of a country and are redeemable in cash. They are digital yet not likely to use a blockchain.[2]