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Revenue and Clearing Models for CBDC

Duncan, Alfred, Mainente, Joao Pedro (2025) Revenue and Clearing Models for CBDC. National Institute Economic Review, . ISSN 0027-9501. (doi:10.1017/nie.2024.29) (KAR id:109436)

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.

Item Type: Article
DOI/Identification number: 10.1017/nie.2024.29
Uncontrolled keywords: macroeconomics, CBDC, digital economy
Subjects: H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: Divisions > Division of Human and Social Sciences > School of Economics
Funders: University of Kent (https://ror.org/00xkeyj56)
Depositing User: Alfred Duncan
Date Deposited: 28 Mar 2025 17:05 UTC
Last Modified: 31 Mar 2025 12:10 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/109436 (The current URI for this page, for reference purposes)

University of Kent Author Information

Duncan, Alfred.

Creator's ORCID: https://orcid.org/0000-0003-1246-9386
CReDIT Contributor Roles:

Mainente, Joao Pedro.

Creator's ORCID:
CReDIT Contributor Roles:
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