CBDCs : Central Bank Digital Currency

"We don't know who's using a $100 bill today, and we don't know who's using a 1,000-peso bill today. The key difference with the CBDC is the Central Bank will have ABSOLUTE CONTROL on the rules and regulations that will determine the use of that expression of central bank liability, and also we will have the technology to enforce that.”

Augustin Carstens, The General Manager for the Bank of International Settlements