Even the finest financial supervisor will not beat the textbook truth. Knowing this, the retail CBDC would further ensure that the funds stored in bank accounts can indeed be easily converted to risk-free central bank money. This could provide confidence in the 2/4  BIS central bankers' speeches  monetary system.
--Dear colleagues, I am not sure if a digital coin has a reverse side. But a proper physical one certainly does. So let’s look at the other side of the coin – the underlying risks and uncertainties related to the CBDC. Let me begin with the retail version of the currency.