The term Central bank digital currencies (CBDCs) refers to cryptocurrencies issued from Central Banks. These virtual versions of their fiat counterparts leverage blockchain technology to provide the world’s currency issuers with more efficiency, control, and security. Consequently, more countries than ever plan to introduce some form of CBDC into their markets in the coming years.
Continue read: https://www.securities.io/what-are-central-bank-digital-currencies-cbdcs/
