OMG Responses to Federal Reserve Discussion Paper

There are three Currency Models that are applicable to the CBDC.

• 10_cash - is a model representing the CBDC using cash (i.e., coins, \$1, \$2, \$5, \$10, \$20, \$50 and \$100 bills)) as the basis of the CBDC
• 15_accounts - is a model that represents the CBDC in using digital accounts (i.e, Savings, Checking, Investment, Direct Pay, Credit Cards, Debit Cards, etc.)
• 30_stablecoins - is a currency model tying a cryptocurrency to a real world asset such as a fiat currency, gold, indexed funds. etc.