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Revenue And Clearing Models For Cbdc

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  • Duncan, Alfred
  • Mainente, Joao Pedro

Abstract

This paper reviews two important design choices for Central Bank Digital Currencies (CBDCs). First, how CBDC intermediaries should be compensated for their services. Second, how payments from traditional banks into CBDC wallets should be cleared. Both of these design choices have important implications for the financial stability of the banking system.

Suggested Citation

  • Duncan, Alfred & Mainente, Joao Pedro, 2024. "Revenue And Clearing Models For Cbdc," National Institute Economic Review, National Institute of Economic and Social Research, vol. 269, pages 16-28, August.
    • Handle: RePEc:cup:nierev:v:269:y:2024:i::p:16-28_3
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