IMF officials: Public-private partnership "synthetic CBDC" is a better choice

According to The Block, Tobias Adrian, director of the Monetary and Capital Markets Department of the International Monetary Fund (IMF), and Tommaso Mancini-Griffoli, deputy director of the ministry, said the "synthetic" central bank digital currency (sCBDC), co-operated by the public and private sectors. Better than the public-centered CBDC. The sCBDC model is a public-private partnership model in which the central bank will focus on its core functions of providing trust and efficiency.