E-hryvnia is an electronic form of the monetary unit of Ukraine, the issuer of which is the National Bank. The key purpose of the e-hryvnia, according to the regulator, is to effectively perform all the functions of money, supplementing the cash and non-cash forms of the hryvnia. The use of e-hryvnia should be convenient and accessible to all segments of the population, legal entities, state bodies, banks and non-bank payment service providers.
The development and implementation of the e-hryvnia in Ukraine will contribute to:
evolution of the payment infrastructure of Ukraine;
digitization of the economy;
further spread of non-cash payments, reduction of their cost;
increasing the level of transparency of calculations;
increasing confidence in the national currency in general.
E-hryvnia can have a positive effect on ensuring the economic security of the state, strengthening the monetary sovereignty of the state and the ability of the National Bank to maintain price and financial stability as a guarantee of sustainable economic growth.