Motives Matter: Examining Potential Tension in Central Bank Digital Currency Designs
Abstract: As a new central bank liability, central bank digital currency (CBDC) has the potential to address various issues within current payments and financial systems. The motivation behind a CBDC will determine how it is designed; a CBDC designed to achieve one goal, such as broader financial inclusion, may have difficulty achieving other objectives.
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Provider: Federal Reserve Bank of Kansas City
Part of Series: Payments System Research Briefing