The relevance of the study is driven by the significant impact of digital currencies on modern financial systems and the economy. The purpose of the study is to analyze trends in the development of digital currencies abroad, including cryptocurrencies and central bank digital currencies (CBDC). The study aims to identify the main drivers of digital currency adoption, examine their influence on the global financial system, and determine the key directions and prospects for their integration into the global economy and financial markets. To achieve this goal, methods of analysis and synthesis of theoretical and empirical data were employed. The study is based on an examination of international experiences in the development of digital currencies. Publications in scientific journals, reports from international organizations, legislative initiatives in various countries, and case studies on the implementation of cryptocurrencies and CBDCs were analyzed. Special attention was given to a comparative analysis of digital currency regulations and an exploration of their technological foundations, including the use of blockchain and distributed ledgers. The study's findings indicate that the development of digital currencies abroad is influenced by several key factors: technological innovations, efforts to improve financial inclusion, optimization of cash flows, and enhancement of financial system security. An analysis of the experiences of various countries has shown that central bank digital currencies serve as a strategic tool for stabilizing monetary systems and improving monetary policy. At the same time, cryptocurrencies, despite their high volatility and lack of regulation, remain a vital area for the advancement of financial technologies. The main challenges include regulatory issues, risk management, and ensuring data protection. The study also revealed prospects for the integration of digital currencies into the global economy, including their use in international transactions and their impact on global financial flows.

blockchain, digital currency, virtual currency, cryptocurrency, Bitcoin.