The Emergence of Central Bank Digital Currencies (CBDCs): A Global Perspective and Examination of U.S. Initiatives
The rise of digital currencies, notably Bitcoin and Ethereum, has forced central banks worldwide to reevaluate their roles within the financial ecosystem. This reevaluation has led to the development of Central Bank Digital Currencies (CBDCs), a new form of digital fiat currency. This article explores the global emergence of CBDCs