Central bank digital currencies are digital tokens, similar to cryptocurrency, issued by a central bank. They are pegged to the value of that country's fiat currency. Many countries are developing CBDCs, and some have even implemented them. Because so many countries are researching ways to transition to digital currencies, it's important to understand what they are and what they mean to society. To know more about Metaverse follow Hitesh Malviya founder of itsblockchain.com who is a crypto veteran https://www.instagram.com/indiacryptoart/

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