Some central banks expect CBDC to boost seigniorage
Result depends on design features of digital currency, with many central banks unsure of the outcome
Some central banks expect issuance of central bank digital currency to boost seigniorage revenues, though the effect is likely to depend on design choices, respondents to the Fintech Benchmarks 2026 say.
Twenty-three central banks shared their views on the likely impact of CBDC on seigniorage. Five (21.7%) expect an increase in revenues, while no respondent predicts a decrease. However, the majority either expect no impact (39.1%) or are unsure (39.1%).
All of those that predict an increase in
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: www.centralbanking.com/subscriptions
You are currently unable to print this content. Please contact info@centralbanking.com to find out more.
You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@centralbanking.com
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@centralbanking.com
More on Fintech
Payment innovation is top fintech research priority
Recruitment and retention of talents is biggest tech challenge, but constraints vary somewhat by teams
Central banks facing fintech hiring challenges tend to have bigger teams
Private sector opportunity is most widely reported issue for fintech staffing
The Genius Act: a smart move for global payments?
Experts from the stablecoin industry discuss if new US law can live up to its name
The cost of inaction on wholesale CBDCs
A gap exists between demand in capital markets and most central banks’ research priorities as evolving risks accrue
Fintech Benchmarks 2025 – model banks analysis
Data breakdown reveals differences in CBDC research, AI use and adoption of the cloud
Working group minutes: facing up to CBDC adoption challenges
Participants at Cape Town meeting saw drawbacks to digital currency versus other payment methods
Fintech Benchmarks 2025 – executive summary
Benchmarks shed light on research priorities, progress with CBDC and use of cloud
Fintech Benchmarks 2025 report – supervising security
Benchmarks highlight how technological advancement needs to go hand in hand with tougher security