Hybrid CBDCs
Hybrid CBDCs support both retail and wholesale use cases with differentiated access models and technical implementations for each use case.
1CBDC
Key Use Cases
- Retail payments (public access)
- Wholesale settlement (institutional)
- Cross-border corridors
- Programmable payments
- Tokenized asset markets
Comparison: Retail vs Wholesale
| Feature | Retail CBDC | Wholesale CBDC |
|---|---|---|
| Target Users | General public, consumers, businesses | Financial institutions, banks |
| Transaction Size | Small to medium (retail payments) | Large value (interbank settlements) |
| Access | Universal public access | Restricted to authorized institutions |
| Primary Goal | Cash digitization, financial inclusion | Settlement efficiency, risk reduction |
| Examples | China e-CNY, EU Digital Euro | Australia eAUD (pilot) |