Currencies

Search and filter every tracked CBDC initiative across 128 countries and currency unions.

177 of 177 projects

Currency	Country	Central bank	Status	Announced
Diigital Lek	Albania	Bank of Albania	Research	2022
Algerian Digital Dinar	Algeria	Banque d’Algérie	Research	2022
Digital Kwanza	Angola	Banco Nacional de Angola	Research	2022
Digital Peso	Argentina	Banco Central de la República Argentina	Research	2022
Armenia CBDC	Armenia	Central Bank of Armenia	Research	2023
Digital Florin	Aruba	Central Bank van Aruba	Research	2024
Project Acacia	Australia	Reserve Bank of Australia	Research	2020
eAUD	Australia	Reserve Bank of Australia	Cancelled	2020
Project Atom	Australia	Reserve Bank of Australia	Proof of concept	2020
Azerbaijan CBDC	Azerbaijan	Central Bank of Azerbaijan	Research	2022
Sand Dollar	Bahamas	Central Bank of Bahamas	Launched	2017
Digital Dinar	Bahrain	Central Bank of Bahrain (CBB)	Research	2018
Bangladesh CBDC	Bangladesh	Bangladesh Bank	Research	2022
Digital Barbados Dollar	Barbados	Central Bank of the Barbados	Research	2020
Digital Ruble	Belarus	Central Bank of Belarus	Research	2023
Digital Bermuda Dollar	Bermuda	Bermuda Monetary Authority	Research	2026
digital Ngultrum	Bhutan	Royal Monetary Authority	Research	2021
	Bolivia	Central Bank of Bolivia	Research	2026
Digital Boliviano	Bolivia	Central Bank of Bolivia	Cancelled	2025
Botswana CBDC	Botswana	Bank of Botswana	Research	2022
DREX (Phase 3)	Brazil	Central Bank of Brazil	Proof of concept	2017
DREX (Phase 2)	Brazil	Central Bank of Brazil	Proof of concept	2017
DREX (Phase 1)	Brazil	Central Bank of Brazil	Proof of concept	2017
Project Samara	Canada	Bank of Canada	Proof of concept	2026
Digital Loonie	Canada	Bank of Canada	Cancelled	2017
Jasper	Canada	Bank of Canada	Proof of concept	2016
Jasper-Ubin	Canada, Singapore	Bank of Canada, Monetary Authority of Singapore	Proof of concept	2019
Chile WCBDC	Chile	Central Bank of Chile	Research	2025
Chile CBDC	Chile	Central Bank of Chile	Research	2019
e-CNY	China	People's Bank of China	Cancelled	2014
Colombia CBDC	Colombia	Banco de la República	Research	2023
Costa Rica CBDC	Costa Rica	Banco Central de Costa Rica	Research	2021
Curacao CBDC	Curacao	Central Bank of Curacao and Sint Maarten	Cancelled	2018
Czech Republic CBDC	Czech Republic	Czech National Bank	Research	2021
E-kroner	Denmark	Nationalbanken	Cancelled	2017
Denmark CBDC	Denmark	Nationalbanken	Research	2022
Dominican Republic CBDC	Dominican Republic	Banco Central de la República Dominicana	Research	2022
DCash	Eastern Caribbean Economic and Currency Union (OECS/ECCU)	Eastern Caribbean Central Bank (ECCB)	Cancelled	2017
EMCCA CBDC	Economic and Monetary Community of Central Africa (EMCCA)	Banque des États de l'Afrique Centrale	Research	2022
Dinero electronico	Ecuador	Central Bank of Ecuador	Cancelled	2017
Egypt CBDC	Egypt	Central Bank of Egypt (CBE)	Research	2018
digital lilangeni	Eswatini	Central Bank of Eswatini	Research	2019
Digital Birr	Ethiopia	National Bank of Ethiopia	Research	2024
Appia	Euro Area	European Central Bank	Research	2026
Project Agorá	Euro Area	European Central Bank	Proof of concept	—
Digital Euro	Euro Area	European Central Bank	Research	2021
Trigger Solution	Euro Area	European Central Bank	Pilot	2024
Wholesale Digital Euro	Euro Area	European Central Bank	Pilot	2022
Project Venus	Euro Area	European Central Bank	Pilot	2022
Spanish Wholesale CBDC	Euro Area	European Central Bank	Research	2022
TIPS Hash-Link	Euro Area	European Central Bank	Pilot	2024
French Wholesale CBDC	Euro Area	European Central Bank	Pilot	2021
DELPHI	Euro Area	European Central Bank	Research	2021
Stella	Euro Area	European Central Bank	Research	2016
Fiji CBDC	Fiji	Reserve Bank of Fiji	Cancelled	2022
Avant	Finland	Bank of Finland	Cancelled	1992
Digital Lari	Georgia	National Bank of Georgia	Proof of concept	2022
E-cedi	Ghana	The Bank of Ghana	Pilot	2018
iQuetzal	Guatemala	Bank of Guatemala	Research	2021
Gourde Digitale	Haiti	La Banque de la Republique d'Haiti	Research	2020
Honduras CBDC	Honduras	Central Bank of Honduras	Research	2021
e-HKD	Hong Kong	Hong Kong Monetary Authority	Pilot	2024
e-HKD	Hong Kong	Hong Kong Monetary Authority	Pilot	2019
	Hong Kong	Hong Kong Monetary Authority	Research	2024
Project Ensemble	Hong Kong	Hong Kong Monetary Authority	Research	2019
Project Aurum	Hong Kong	Hong Kong Monetary Authority	Research	2022
Sela	Hong Kong	Hong Kong Monetary Authority	Research	2022
SWIFT Connector	Hong Kong	Hong Kong Monetary Authority	Research	2022
LionRock	Hong Kong	Hong Kong Monetary Authority	Research	2019
Inthanon-LionRock	Hong Kong, Thailand	Hong Kong Monetary Authority, Bank of Thailand	Proof of concept	2019
Hungary CBDC	Hungary	Central Bank of Hungary (MNB)	Pilot	2020
Rafkrona	Iceland	Central Bank of Iceland	Research	2018
Digital Rupee	India	RBI	Pilot	2020
Project Garuda	Indonesia	Bank Indonesia	Proof of concept	2018
Digital Rupiah	Indonesia	Bank Indonesia	Proof of concept	2018
Digital Rial	Iran	Central Bank of Iran	Pilot	2018
Iraq CBDC	Iraq	Central Bank of Iraq	Research	2022
e-shekel	Israel	Bank of Israel	Proof of concept	2017
Sela	Israel	Bank of Israel	Research	2023
JAM-DEX	Jamaica	Bank of Jamaica	Launched	2023
Digital Yen	Japan	Bank of Japan	Proof of concept	2021
Stella	Japan	Bank of Japan	Research	2016
Jordan CBDC	Jordan	Central Bank of Jordan	Research	2022
Digital Tenge	Kazakhstan	National Bank of Kazakhstan	Launched	2020
Digital Tenge	Kazakhstan	National Bank of Kazakhstan	Proof of concept	2020
Kenya CBDC	Kenya	Central Bank of Kenya	Cancelled	2018
Kuwait CBDC	Kuwait	Central Bank of Kuwait	Research	2019
Digital Som	Kyrgyzstan	National Bank of the Kyrgyz Republic	Proof of concept	2024
Laos CBDC	Laos	Bank of the Lao P.D.R	Proof of concept	2021
Lebanon CBDC	Lebanon	Lebanon's central bank	Research	2020
Digital Liberian Dollar	Liberia	Central Bank of Liberia	Research	2025
e-MOP	Macau	Macau Government	Proof of concept	2021
e-Ariary	Madagascar	Banky Foiben'i Madagasikara	Research	2021
Malawi CBDC	Malawi	Reserve Bank of Malawi	Research	2024
E-ringgit	Malaysia	Bank Negara Malaysia	Research	2017
Malaysia CBDC	Malaysia	Bank Negara Malaysia	Research	2022
Maldives CBDC	Maldives	Maldives Monetary Authority	Research	2023
Mauritania CBDC	Mauritania	Central Bank of Mauritania	Research	2023
Digital Rupee	Mauritius	The Bank of Mauritius	Proof of concept	2023
Moneda digital del banco central (MDBC)	Mexico	Banco de México	Research	2021
Mongolia CBDC	Mongolia	Bank of Mongolia	Research	2022
Montenegro CBDC	Montenegro	Central Bank of Montenegro	Research	2023
Morocco CBDC	Morocco	Bank-Al-Maghrib	Research	2021
Morocco CBDC	Morocco	Bank-Al-Maghrib	Research	2021
Myanmar CBDC	Myanmar	The Central Bank of Myanmar (CBM)	Research	2025
Namibia CBDC	Namibia	Bank of Namibia	Research	2021
Nepal CBDC	Nepal	The Nepal Rastra Bank	Research	2022
New Zealand CBDC	New Zealand	Reserve Bank of New Zealand	Proof of concept	2020
e-Naira	Nigeria	Central Bank of Nigeria	Cancelled	2021
Norway CBDC	Norway	Norges Bank	Cancelled	2019
Oman CBDC	Oman	Central Bank of Oman	Research	2022
Pakistan CBDC	Pakistan	State Bank of Pakistan	Research	2019
Palestine CBDC	Palestine	Palestine Monetary Authority	Research	2017
Papua New Guinea CBDC	Papua New Guinea	Central Bank of Papua New Guinea	Proof of concept	2024
Paraguay CBDC	Paraguay	Central Bank of Paraguay	Research	2021
Peru CBDC	Peru	Central Reserve Bank of Peru	Research	2021
Agila 2.0	Philippines	The Bangko Sentral ng Pilipinas	Proof of concept	2022
Agila	Philippines	The Bangko Sentral ng Pilipinas	Proof of concept	2022
Philippines CBDC	Philippines	The Bangko Sentral ng Pilipinas	Cancelled	2021
Digital zloty	Poland	Narodowy Bank Polski (NBP)	Research	2017
Qatar Wholesale CBDC	Qatar	Qatar Central Bank	Proof of concept	2024
Qatar CBDC	Qatar	Qatar Central Bank	Research	2022
Palau Stablecoin	Republic of Palau		Proof of concept	2021
Digital Ruble	Russian Federation	Bank of Russia	Pilot	2019
e-Franc Rwandais	Rwanda	The National Bank of Rwanda	Proof of concept	2019
Saudi Arabia Wholesale CBDC	Saudi Arabia	Saudi Arabian Monetary Authority	Research	2019
Saudi Arabia Retail CBDC	Saudi Arabia	Saudi Arabian Monetary Authority	Research	2019
mBridge	Saudi Arabia, Hong Kong, China, United Arab Emirates, Thailand	Saudi Arabian Monetary Authority, Hong Kong Monetary Authority, People's Bank of China, United Arab Emirates Central Bank, Bank of Thailand	Pilot	2021
Aber	Saudi Arabia, United Arab Emirates	Saudi Arabian Monetary Authority, United Arab Emirates Central Bank	Pilot	2019
Digital Dinar	Serbia	National Bank of Serbia	Research	2025
Project Guardian	Singapore	Monetary Authority of Singapore	Research	2024
Project Ubin+	Singapore	Monetary Authority of Singapore	Pilot	2022
Project Orchid	Singapore	Monetary Authority of Singapore	Cancelled	2021
Project Mariana	Singapore, Switzerland, Euro Area	Monetary Authority of Singapore, Swiss National Bank, European Central Bank	Research	2022
Project Cedar Phase II x Project Ubin+	Singapore, United States of America	Monetary Authority of Singapore, US Federal Reserve	Proof of concept	2022
Bokolo Cash	Solomon Islands	Central Bank of Solomon Islands	Proof of concept	2023
Solomon Islands CBDC	Solomon Islands	Central Bank of Solomon Islands	Research	2022
South Africa CBDC	South Africa	South African Reserve Bank	Research	2019
Khokha	South Africa	South African Reserve Bank	Research	2019
Hangang River	South Korea	Bank of Korea	Pilot	2023
Digital Won	South Korea	Bank of Korea	Cancelled	2020
South Korea Wholesale CBDC	South Korea	Bank of Korea	Research	2023
South Korea CBDC	South Korea	Bank of Korea	Proof of concept	2020
Sri Lanka CBDC	Sri Lanka	Central Bank of Sri Lanka	Research	2022
Sudan CBDC	Sudan	Central Bank of Sudan	Research	2022
e-krona	Sweden	Sveriges Riksbank	Proof of concept	2017
Project Icebreaker	Sweden, Norway, Israel	Sveriges Riksbank, Norges Bank, Bank of Israel	Research	2022
Helvetia	Switzerland	Swiss National Bank	Pilot	2020
e-franc	Switzerland	Swiss National Bank	Research	2019
Jura	Switzerland, Euro Area	Swiss National Bank, European Central Bank	Research	2021
Taiwan CBDC	Taiwan	The Central Bank of Taiwan	Research	2020
Tanzania CBDC	Tanzania	Bank of Tanzania	Research	2021
Thailand CBDC	Thailand	Bank of Thailand	Proof of concept	2020
Inthanon	Thailand	Bank of Thailand	Proof of concept	2019
eCentavos	Timor-Leste	Banco Central de Timor-Leste	Research	2024
Tonga CBDC	Tonga	National Reserve Bank of Tonga (NRBT)	Research	2021
Trinidad and Tobago CBDC	Trinidad and Tobago	Central Bank of Trinidad and Tobago	Research	2021
e-Dinar	Tunisia	Central Bank of Tunisia	Research	2019
Project Prosperus	Tunisia, Euro Area	Central Bank of Tunisia, European Central Bank	Pilot	2021
Digital Lira	Turkey	Central Bank of the Republic of Turkey	Pilot	2018
Uganda CBDC	Uganda	Bank of Uganda	Research	2022
e-hryvnia	Ukraine	National Bank of Ukraine	Proof of concept	2017
Digital Dirham	United Arab Emirates	United Arab Emirates Central Bank	Pilot	2019
United Arab Emirates CBDC	United Arab Emirates	United Arab Emirates Central Bank	Research	2019
Digital Pound	United Kingdom	Bank of England	Research	2018
RSCoin	United Kingdom	Bank of England	Research	2015
Digital Dollar	United States of America	US Federal Reserve	Cancelled	2020
Project Hamilton	United States of America	US Federal Reserve	Proof of concept	2020
Wholesale Digital Dollar	United States of America	US Federal Reserve	Research	2023
e-Peso	Uruguay	Central Bank of Uruguay	Pilot	2014
Digital Sum	Uzbekistan	Central Bank of Uzbekistan	Research	2021
Vanuatu CBDC	Vanuatu	Reserve Bank of Vanuatu	Research	2021
Vietnam CBDC	Vietnam	State Bank of Vietnam	Research	—
WAMU CBDC	Western African Monetary Union (WAMU)	The Banque Centrale des Etats de L'Afrique de L'Ouest (BCEA)	Research	2025
Yemen CBDC	Yemen	Central Bank of Yemen	Research	2022
Zambia CBDC	Zambia	The Bank of Zambia (BoZ)	Research	2022
Zimbabwe CBDC	Zimbabwe	Reserve Bank of Zimbabwe	Research	2021