The digital euro could theoretically exist as a central bank digital currency, as a trigger solution or as a stablecoin. However, the European Central Bank is not expected to issue a CBDC until 2026 at the earliest. As an activation solution, the digital euro will already exist this year for the first European commercial banks and will be available to industry and the financial sector. However, the initiative of commercial banks is crucial here because this type of digital euro practically does not require the participation of the ECB. The digital euro in the form of a stablecoin will only exist as a pilot project in 2022. No significant volumes are expected as with stablecoins in US dollars for euro stablecoins. It has led to cryptocurrencies being recognized as an asset to the economy a
Read More