The Stellar Development Foundation (SDF) is a non-profit organization that supports the use of the Stellar network. They have developed a comprehensive guide titled Understanding CBDCs: a guidebook for regulators and policymakers to help policymakers consider technology options for Central Bank Digital Currencies (CBDCs). This guide, authored by a cross-functional team at SDF in collaboration with external resources like the World Bank and Alliance for Financial Inclusion, highlights the potential benefits of CBDCs for financial inclusion and their role in improving the global financial system.

It emphasizes the importance of cooperation between public and private entities in developing solutions and the use of open blockchains to ensure robustness, security, and equal access. The guide also explores the potential for interoperability and ease of exchange for cross-currency transactions that CBDCs offer. Key characteristics like interoperability, security, sustainability, reliability, and programmability are compared to help prioritize decisions.

SDF recognizes the far-reaching benefits of CBDCs, especially for the unbanked and underbanked populations. Their vision is to support the realization of an internet of money, where sending payments is as easy as sending an email and accessible to everyone. Download the guide to learn more and join SDF in shaping the future of open networks