2min chapter

The ECB Podcast cover image

A digital euro: what, why, when? (part 1)

The ECB Podcast

CHAPTER

Digital Euro

Right now only cash can be considered public money and everything else basically is private money. So the digital euro will come next to cash, but will provide the same confidence in the system. In the digital arena, currently there are only private money solutions. But we want to add there also a central bank solution to have that anchor there as well.

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