Source: Council of the European Union (video statements)
Europe is working on the digital euro: a digital form of the cash already in your wallet, issued and guaranteed by the European Central Bank.
Here’s the idea 👇
🛍️it’s free for basic use, with no banking fees
💵you can use it across the euro area in shops, online & offline
🔒your privacy protected, like with cash
🇪🇺 each digital euro is always worth exactly €1 in cash
Another way to pay alongside cash. Made in the EU, for all Europeans.