Has the UK gone cashless?
Has the UK gone cashless? Britain has been at the forefront of the switch to a cashless society – a trend which is even more pronounced in the capital, especially since the pandemic.
What will replace cash in the UK?
You may also hear it being called 'digital sterling' or even 'Britcoin'. We call the UK version of CBDC the digital pound. The digital pound would be denominated in sterling and its value would be stable, just like banknotes. £10 in digital pounds would always have the same value as a £10 banknote.