Meaning of the word "digital currency" in English

What does "digital currency" mean in English? Explore the meaning, pronunciation, and specific usage of this word with Lingoland.

digital currency

US /ˈdɪdʒɪtl ˈkɜːrənsi/
UK /ˈdɪdʒɪtl ˈkɜːrənsi/
"digital currency" picture

Noun

1.

a form of currency that is available only in digital or electronic form, not in physical (such as banknotes and coins) form

Example:
Bitcoin is a well-known example of a digital currency.
Many countries are exploring the use of their own digital currencies.
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