CBD Coin

1. Summary

Ranks

Liquidity

-

Developer

-

Social

86

Momentum (beta)

0

Stack Rank™

-

Price

$0.000094320000 0.0%

Market Cap

$0.00 (#10716)

Supply

/

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Price
52W High price	$0.000748943700
52W High date	21st Nov 2021 (3 years ago)
All Time High (ATH) Date	13th Dec 2024 (2 months ago)
All Time Low (ATL) Date	13th Dec 2024 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$291.00

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Description

CBD Coin (CBDC)

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CBD Coin (CBDC)

The CBD Coin, also known as a Central Bank Digital Currency (CBDC), is a digital form of a country's fiat currency. It is issued by a central bank and designed to be a secure and efficient alternative to physical fiat currency for making digital payments and storing value. Unlike traditional fiat currency, which is typically managed through private banks, a CBDC is issued directly by the central bank and aims to provide an additional form of money that has the same authority and trust as cash or bank reserves.

The main objectives of a CBDC include promoting financial inclusion by providing easy and safer access to money for unbanked and underbanked populations, improving the efficiency and efficiency of payments, and maintaining financial stability. Additionally, a CBDC can be designed to be programmable, allowing for more controlled money flows and better financial regulation.

Project Hamilton, a collaboration between the Federal Reserve Bank of Boston and the Massachusetts Institute of Technology's Digital Currency Initiative, is an example of ongoing research into CBDCs focused on designing a robust transaction processor to meet high-speed and fault tolerance requirements for retail payments.

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