Article2020

Motives Matter: Examining Potential Tension in Central Bank Digital Currency Designs

8 citations0/0 files storedRePEc: Research Papers in Economics

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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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