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Table 1 Utility-contributing features of the payment assets

From: Consumer choices under new payment methods

 

Legal tender

Anonymity

Digital currency

Interest

Cash

1

1

0

0

Deposits

0

0

1

\(R_{Deposits}\)

CBDC

1

0

1

\(R_{CBDC}\)

Stablecoin

0

1

1

0

  1. This table shows the relationships between the properties that influence an agent’s portfolio choices