Synonyms for cbdc
cbdc

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1. List of paraphrases for "cbdc":

   cbdcs, devco

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How to use cbdc in a sentence?

1. Sarah Hammer:

   At a very high level, a CBDC is just digital money that would be issued by the central bank, it would be based on the fiat currency of that country, so it would be based on the money supply — and then it would be implemented using a government database or approved private sector entities working with the government.

2. Governor Mark Carney:

   While CBDC (central bank digital currency) poses a number of opportunities, it could raise significant challenges for maintaining monetary and financial stability ... and would need to be very carefully designed if it were to be introduced.

3. Randal Quarles:

   It seems unlikely... that the dollar's status as a global reserve currency, or the dollar's role as the dominant currency in international financial transactions, will be threatened by a foreign CBDC.

4. Governor Lael Brainard:

   In the United States no less than in other major economies, the public sector needs to engage actively with the private sector and the research community to consider whether new guardrails need to be established, whether existing regulatory perimeters need to be redrawn, and whether a CBDC would deliver important benefits on net.

5. Randal Quarles:

   Before we get carried away with the novelty, I think we need to subject the promises of a CBDC to a careful critical analysis.