Question

Which country became the first in the world to launch a national digital currency in 2025?

• A. United States
• B. China
• C. Sweden
• D. None Of the above

Hint:

First CBDC: Bahamian Sand Dollar (2020). Think: ``Bahamas led the CBDC race."

Answer 1

The Correct Option is D

None of the listed countries (United States, China, Sweden, India) launched a national digital currency, or Central Bank Digital Currency (CBDC), as the first in 2025. The Bahamas was the first country to launch a national digital currency, the Sand Dollar, in October 2020. China began piloting its digital yuan (e-CNY) around 2020, but it was not fully launched nationwide by 2025. Sweden and India have explored CBDCs (e.g., India’s digital rupee pilot started in 2022), but no country achieved a full national launch in 2025 that qualifies as the first globally.