This paper examines the rationale behind the exploration by the vast majority of central banks of introducing central bank digital currencies. This phenomenon is discussed in the context of the main drivers of central bank interest, the crucial role of public money in supporting and complementing private money channels, the role of digital ledger technology in facilitating the delivery of both wholesale and retail central bank digital currencies, and innovation in the forms of money that this enterprise represents. The implications for domestic and international monetary system architectures in the immediate, short-term, and long-term will be discussed. It will be argued that the delivery of central bank digital currencies represents an important development in the future of money, and requires agreement of the public following a wide-ranging debate at all levels in society.

本文探讨了绝大多数央行探索引入央行数字货币的基本原理。这一现象是在中央银行利息的主要驱动因素、公共资金在支持和补充私人资金渠道方面的关键作用、数字分类账技术在促进批发和零售中央银行数字货币交付中的作用的背景下讨论的，以及该企业所代表的货币形式的创新。将讨论近期、短期和长期对国内和国际货币体系架构的影响。有人认为，中央银行数字货币的交付代表了货币未来的重要发展，