Central bank digital currency (CBDC) for Financial Inclusion

Abstract: This research article examines the role of Central Bank Digital Currency (CBDC) is promoting financial inclusion on a global scale. In the current digitized world, CBDCs has emerged as a potential solution to bridge the financial inclusion gap. This research article provides an overview of CBDCs, discusses their potential benefits and explores their consequences for achieving greater financial inclusion worldwide. It also analysis case studies from different countries that have adopted or are considering CBDCs as a tool for expanding financial access. The findings suggest that CBDCs can indeed play a pivotal role in promoting financial inclusion at a global level and also provided that certain key consideration and challenges are addressed