Financial and Monetary Systems

How are CBDCs different from cryptocurrencies and stablecoins?

View of Bitcoins and US dollars.

CBDCs are direct liabilities of the central bank. Image: Pexels/David McGee

Sandra Waliczek
Blockchain and Digital Assets, World Economic Forum
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Graphs illustrating the Bitcoin price per day from April 2013 to Nov 2023.
Cryptocurrency prices have a history of volatility. Image: Statista


How is the World Economic Forum promoting the responsible use of blockchain?

Graphs illustrating the price trends of stablecoin and non-stablecoin prices.
Stablecoin is designed to be more stable by having its value tied to that of another asset. Image: US Federal Reserve/CryptoCompare

Graphic illustrating the uses of CBDCs.
There are many reasons central banks are considering issuing CBDCs. Image: European Central Bank
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Related topics:
Financial and Monetary SystemsBanking and Capital MarketsEconomic Progress
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