ECB sees ‘huge potential’ in conditional payments with digital euro but without blockchain
Conditional payments in the digital euro could expand beyond scheduled transfers, though they do not require blockchain technology, an ECB official says. The European Central Bank sees strong potential in digital euro payments that only happen when certain conditions are met, going beyond just scheduled transfers, says ECB executive board member Piero Cipollone. For conditional […]
European Central Bank eyes digital Euro to counter Trump’s stablecoin push
In response to U.S. President Donald Trump’s recent executive order promoting dollar-backed stablecoins, the European Central Bank is emphasizing the need for a digital euro to maintain the competitiveness of eurozone banks. ECB board member Piero Cipollone expressed concerns to Reuters that the U.S. initiative could attract customers away from European banks, underscoring the urgency […]
