Glossary term · Money and macro
CBDC
Central bank digital currency: a digital form of central bank money for the public, such as the planned digital euro.
Term identifier term:cbdc
Published
Definition from reference release method-v1.2.0Often confused with
CBDC
Central bank digital currency: a digital form of central bank money for the public, such as the planned digital euro.
A crypto asset designed to hold a stable value against a reference such as the US dollar or the euro.
A CBDC is a liability of the central bank. A stablecoin is issued by a private issuer and backed by that issuer's reserve.