Central Bank of Digital Currency (CBDC)

The U.S Federal Reserve has released a report exploring opportunities to create a fully digital U.S. dollar, which could serve as a more stable alternative to other digital forms of money like cryptocurrency. Called "central bank digital currencies" (CBDCs), the currency would be equivalent to a digital form of paper money in the United States.

As a liability of the Federal Reserve, however, a CBDC would be the safest digital asset available to the general public for cross-border transfer, with no associated credit or liquidity risk.

Track all Digital currency on CBDC Finance Systems
Recognition

Milestones and Accolades

2023

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

2022

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

2021

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

2020

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

2019

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

2018

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

2017 and before

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

The First CBDC Bank to join the GRI Community

Instant account opening with a Customer On-boarding App

Awards

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  • IRS/IMF BANK

    Straight-Through processing (STP) Excellence Award in Cross Border Payment

  • MARCOM AWARDS

    Platinum Winner for ‘The Believers’ Campaign in Retail CBDC

  • NYSE CEO AWARDS

    Most Innovative Bank in Wholesale CBDC

  • GLOBAL BRANDS MAGAZINE

    Most Innovative Treasury Services

    Best Banking Brand in IRS/IMF

    Best Credit Card Rewards Program

CBDC Testimonies

Central Bank Digital Currency

CBDC
leader-1
Rachel Mayor

VP,Product Management, Circle
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Michelle Shen

Money & Tech Digital Reporter for USA TODAY
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Roger Bayston

Head of Digital Assets, Franklin Templeton

CBDC

CBDCs are rapidly evolving, and different central banks can take different approaches in implementation.

CBDC