Payments & Digital Money
Fifteen answers on payments and digital money. The first answers cover instant payments, clearing and cross border payments explained step by step. The next cover Wero, the digital euro explained by its ECB documents, and CBDC explained by type. The last cover stablecoin payments and tokenized deposits.
Where to start
What is digital currency? The term covers three kinds of digital money: central bank money such as the digital euro, bank money such as tokenized deposits, and tokens from private issuers. The answer on stablecoins explained by their reserves shows how stablecoins work. Tokenized deposits explained by the deposit guarantee follow.