Which banks are allowed in CBDC?
I'm wondering about the banks that are permitted to participate in CBDC. Specifically, I want to know which banks have been authorized or are eligible to be a part of the Central Bank Digital Currency system.
What is the difference between CBDC and cryptocurrency?
I want to understand the distinction between CBDC and cryptocurrency. I'm curious about their unique characteristics and how they differ from each other in terms of their functionality and usage.
How much is the CBDC currency?
I'm curious about the value of the CBDC currency. I want to know how much it is worth or what its current market value stands at.
Which country rejected CBDC?
I heard that some countries have started exploring the use of Central Bank Digital Currencies, but I also learned that there's a country that rejected the implementation of CBDC. I'm curious to know which country made such a decision.
What is the US dollar CBDC?
The US dollar CBDC, or Central Bank Digital Currency, is a digital version of the US dollar issued and backed by the Federal Reserve. It represents a widely accessible digital liability of the central bank, designed to provide a SAFE and efficient means of payment in the digital economy. Unlike existing digital assets, the US dollar CBDC would offer stability and security without credit or liquidity risks, potentially transforming the nation's financial landscape.