electronic cash

Example Sentences

Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.

The most recent price plunge comes as the Federal Reserve is taking its own steps, weighing whether to launch a U.S. digital currency, akin to electronic cash that would be backed by the central bank.

From Washington Post • Jan. 22, 2022

A central bank digital retail currency would, basically, be electronic cash.

From New York Times • Jan. 20, 2022

Nakamoto aimed to create a “peer-to-peer electronic cash system” detailed in a whitepaper in 2008.

From Seattle Times • Dec. 20, 2021

They are a complete replacement for notes and coins, also differing from electronic cash used to pay with cards or PayPal, which is merely a representation of physical money.

From Reuters • Dec. 18, 2020

Six years earlier he and business partner Alexander Vinnik, an electronic cash transfer specialist, had met online and made a life-changing decision to get involved in cryptocurrency trading.

From BBC • Dec. 29, 2019