The term digital currency involves virtual or electronic forms of money that are primarily created and transacted online. Digital currencies can include cryptocurrencies, like Bitcoin, which utilize blockchain technology for secure, decentralized transactions. They offer benefits such as faster transactions, lower fees, and broader accessibility. Additionally, some governments are exploring Central Bank Digital Currencies (CBDCs) to provide regulated, digital alternatives to traditional fiat currencies. Overall, digital currency represents a significant evolution in the financial landscape, impacting payments, commerce, and economic systems globally.