This chapter examines the potential of Central Bank Digital Currencies (CBDCs) in achieving Sustainable Development Goals (SDGs) in developing economies. Through analysis of current initiatives and case studies, this study explores CBDCs’ impact on financial inclusion, economic growth, gender equality, and government services. The findings of this study indicate that CBDCs can enhance financial access for unbanked populations, reduce transaction costs, promote gender equality in financial services, and improve government transparency. However, implementation challenges include inadequate infrastructure, regulatory hurdles, and digital skills gaps. This study provides policy recommendations emphasizing clear objectives, phased implementation, and collaboration with international organizations and the private sector. While not a panacea, CBDCs, if thoughtfully designed and implemented, can significantly contribute to SDGs in developing economies. This research underscores the need for context-specific approaches and adaptive policymaking in navigating the intersection of digital currencies and sustainable development.