retail CBDC will be used for day-to-day payments, similar to the ones you do with with a credit card. this is the type of CBDC you can use for business and consumer transactions, such as paying for a supermarket purchase
wholesale CBDC vs retail CBDC - what's the difference? there's two types of central bank digital currencies (CBDC): retail CBDC and wholesale CBDC β retail CBDC = used for ordinary transactions. digital version of the cash β wholesale CBDC = used for interbank/financial institution settlement. tokenized central bank reserves