Digital money can be provided by either public or private entities. Central Bank Digital Currency (CBDC) refers to the digital form of money issued by a central bank. On the other hand, stablecoins are digital tokens issued by the private sector with the goal of maintaining a stable value, particularly in relation to existing national currencies. The distinguishing feature of stablecoins is their stability of value, which sets them apart from other digital assets utilizing new technologies.
HomeCBDCDigital Pound UpdatesBank of England Releases Discussion Paper on Emerging Digital Currency and Reviews...