This paper develops a dynamic two-sided payments model with both heterogeneous households and merchants/firms to study: (1) The adoption of CBDC by households and firms, and (2) The impact of CBDC ...

It is in this context that central bank digital currency (CBDC) should be evaluated. If designed appropriately, CBDCs could allow central banks to modernize payment systems and future-proof central ...

They are released once a year with a five-year lag. An interest-bearing and universally accessible central bank digital currency (CBDC) could be a versatile instrument that would, in theory, improve ...

XRP fans hopeful of CBDC bag-pump While the monolithic digital asset infrastructure group Ripple is indeed working with banks ...

This week, the House of Representatives will vote on legislation sponsored by House Majority Whip Tom Emmer (R-MN) called the ...

Global CBDC projects have not failed, but they have also not become what they were anticipated to be, according to Olga Goncharova, CEO at the consulting firm Rizz Go and former director of ...

But what does that future look like? With 90 per cent of central banks now exploring their own CBDC (Central Bank Digital Currency) according to McKinsey, the once-fanciful notion that governments ...

Over 18 central banks, from France to Brazil, are leveraging Hyperledger Fabric, Besu, Iroha, and other frameworks in live, pilot, or research-stage CBDC projects, underscoring the pivotal role of ...

This should give them the confidence to take their own bold steps towards a CBDC future, following the lead of emerging markets by developing a whole new infrastructure for financial growth. Driving ...

However, a final decision on whether to officially issue the CBDC is not expected until the end of 2026, local outlet Trend News Agency reported in December. If the central bank decides to adopt ...