CBDC (Central Bank Digital Currency)
A digital currency issued and controlled by a country's central bank. Unlike crypto, CBDCs are government-backed and centrally managed.
Example
China's digital yuan lets citizens pay at stores using a government app, with the central bank tracking all transactions.
Core Concepts
⚙️How It Works
- 1
Central Bank Issues
Government creates digital currency on their controlled system
- 2
Banks Distribute
Commercial banks provide CBDC wallets to customers
- 3
Users Transact
People send and receive CBDC like digital cash
- 4
Government Monitors
All transactions are tracked by the central authority
📊Key Numbers
130+
Countries Exploring
as of 2025
11
Live CBDCs
fully launched
$250B+
China Digital Yuan
transaction volume