CBDC

American

abbreviation

central bank digital currency: a digital currency that is issued, regulated, and stored directly by a central bank, such as the United States Federal Reserve, and is generally accessible to the people served by that central bank.

Usage

What's the difference between virtual currency, digital currency, and CBDCs? See digital currency ( def. ).

Etymology

Origin of CBDC

First recorded in 2015–20

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

See Examples For:

CBDC

The Atlantic Council says 130 countries are in some process of exploring a CBDC, with 21 in the pilot stage.

From Reuters ● Aug. 29, 2023

Among UK respondents who opposed launching a CBDC, the top reason cited by almost half was a belief that their introduction would not address a compelling need.

From Reuters ● Jul. 26, 2023

A Central Bank Digital Currency, or CBDC, is a digital currency run by the central bank of a country.

From NewsForKids.net ● Mar. 14, 2022

China has made the most progress with its CBDC.

From NewsForKids.net ● Mar. 14, 2022

The initiative could affect the Bank of Japan's ongoing experiment regarding CBDC.

From Reuters ● Nov. 24, 2021

Definitions and idiom definitions from Dictionary.com Unabridged, based on the Random House Unabridged Dictionary, © Random House, Inc. 2023