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RE: LeoThread 2024-10-22 21:22

in LeoFinance • last year

Features of CBDCs

CBDCs have several features that distinguish them from traditional digital currencies:

  1. Backed by a central bank: CBDCs are backed by the full faith and credit of the central bank, making them equivalent to physical currency.
  2. Digital representation: CBDCs exist only in digital form, eliminating the need for physical coins and banknotes.
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