Trends in the development of central bank digital currencies
- Authors: Lebedeva D.V.1
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Affiliations:
- RUDN University
- Issue: Vol 33, No 1 (2025): THE WORLD IN MOTION: GLOBALIZATION OR NATIONAL INTERESTS?
- Pages: 102-110
- Section: Monetary and financial questions
- URL: https://journals.rcsi.science/2313-2329/article/view/324370
- DOI: https://doi.org/10.22363/2313-2329-2025-33-1-102-110
- EDN: https://elibrary.ru/PWCMIS
- ID: 324370
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Abstract
This study examines issues related to the active creation and gradual implementation of digital national currencies in various countries. The core strengths and limitations of Central Bank Digital Currencies, which are a legally secured digital form of fiat currency, are identified. Instrumental, systemic and institutional properties of the centralized digital currency of the state are highlighted. Our researched comprises a quantitative analysis of nations at different phases of CBDC implementation, with the aim of developing a national digital currency. It was found that the spread of such national currencies around the world would create and support a more diverse payment ecosystem at the national and international levels and, if properly developed, provide a new form of global public financial interaction.
About the authors
Daria V. Lebedeva
RUDN University
Author for correspondence.
Email: lebedeva_dv@pfur.ru
ORCID iD: 0000-0003-4555-5707
SPIN-code: 2389-1295
Candidate of Economic Sciences, Associate Professor of Finance and Credit Department
6 Miklukho-M aklaya St, Moscow, 117198, Russian FederationReferences
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