A central bank digital currency (CBDC) would see central banks distribute digital money which could be redeemed for their respective domestic fiat ...
source https://www.google.com/url?rct=j&sa=t&url=https://cryptoslate.com/central-banks-looking-to-cryptocurrency-to-replace-cash/&ct=ga&cd=CAIyGmM2Nzk3ODA2ZWViNjVjODI6Y29tOmVuOlVT&usg=AFQjCNEkVOPColjFiPQensgb-N7CZVnKRg
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