CBDC

abbreviation for

1. 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 Note

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

Word History and Origins

Origin of CBDC¹

First recorded in 2015–20

Example Sentences

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

From Reuters

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

From NewsForKids.net

China has made the most progress with its CBDC.

From NewsForKids.net

China has made the most progress with its CBDC.

From NewsForKids.net

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

From Reuters