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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.

Bank deposits would continue to exist within the Brazilian CBDC, only being registered in a more modern environment, meaning that financial institutions would not lose this source of funds for credit generation.

From Reuters • Mar. 6, 2023

The project will seek to identify innovative use cases and business models that could be supported by the issuance of a CBDC, and better understand of some of its technological, legal and regulatory considerations.

From Reuters • Aug. 8, 2022

China has made the most progress with its CBDC.

From NewsForKids.net • Mar. 14, 2022

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

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