Over the past few years, the idea of Central Bank Digital Currencies (CBDCs) has taken the financial and economic world by storm. CBDCs are a form of digital fiat currency that is issued and backed by a central bank and has the potential to become a widely used payment system. To better understand the worldwide scenario the Observatory research team conducted an analysis of the main public initiatives around CBDCs worldwide and defined the main scenarios that could develop from the competition among stablecoins and CBDCs.
• How many central banks are actually experimenting on CBDCs? At what stage are they? • How relevant is programmability within CBDCs? What type of programmability could be implemented? How could it be implemented? • How will CBDCs and stablecoins going to coexist? What different scenarios could be generated?
CBDCs: the future of digital money?
The global landscape of CBDCs
Technological solutions and design choices for CBDCs