A CBDC, or Central Bank Digital Currency, is a form of digi…

A CBDC, or Central Bank Digital Currency, is a form of digital money issued by a central bank. It can serve as a digital equivalent of a country's paper currency. The goal of most CBDC projects is to maintain the robustness of the payment system, reduce the risk of financial crises, and improve financial inclusion. China, for example, has been testing a CBDC since 2020. Other countries are currently exploring or have expressed interest in creating their own digital currencies as well. Would you like to know more about this, or perhaps about a specific CBDC project?