Part 8/10:
Understanding their distinctions helps clarify their roles:
| Aspect | Wholesale CBDC | Retail CBDC |
|---------|------------------|--------------|
| Access | Used by banks and large financial institutions | Used by the general public and businesses |
| Transactional Focus | High-value, interbank, and cross-border transactions | Everyday consumer payments for goods and services |
| Impact on Money Supply | Minimal direct effect on consumer money supply | Significant impact, directly influencing demand and economic activity |
| Primary Use | Settlement of large-value financial transactions | Facilitating daily commerce and consumer payments |