Part 1/10:
Understanding the Key Differences Between Wholesale and Retail CBDCs
As central banks across the globe explore and implement digital currencies, it's becoming increasingly important to understand the fundamental distinctions between the types of Central Bank Digital Currencies (CBDCs). In this overview, we'll clarify the main differences between wholesale and retail CBDCs—two essential categories that serve different functions within the financial ecosystem. This simplified explanation aims to provide a clear grasp of how these digital currencies operate and what to expect as their adoption accelerates worldwide.