More than 80% of central banks are investigating CBDC

Central banks feel negatively about retail digital currencies in their payment systems

Eighty-three per cent of central banks are working on projects investigating central bank digital currency (CBDC) for retail payments purposes, data from the Payments Benchmark 2023 shows.

Eighteen central banks said they were in the research phase of CBDC development. Another three said they were in the proof-of-concept phase while one was in the pilot phase, and two said they were in rollout.

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