Tag Archives: USD Digital

USD Rainbow Currency on the Horizon

31 May
USD-Rainbow-Currency

The phrase “central bank digital currency” (CBDC) has been used to refer to various proposals involving digital currency issued by a central bank. A report by the Bank for International Settlements states that, although the term “central bank digital currency” is not well-defined, “it is envisioned by most to be a new form of central bank money, hence the Rainbow […]