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European Central Bank considers launching digital euro

The idea of digital euro, a stablecoin, is being investigated by the European Central Bank (ECB). The president of the ECB, Christine Lagarde, is willing to issue digital euro "should the need arise".

The ECB's Web page about the digital euro suggests this isn't just empty talk: "During the preparation phase, we are working on the concept, starting practical experimentation on possible designs, and discussing with stakeholders and international partners. Towards the middle of 2021 we will decide whether to launch a digital euro project. This will be followed by an investigation phase on user requirements and service providers."

Read more: www.ecb.europa.eu/euro/html/digitaleuro.en.html

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