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Europe@feddit.orgEnglish · 5 days ago

European Central Bank Chief Economist Philip Lane says Europe needs a digital euro to avoid rising stablecoin risks and reduce reliance on US payment firms.

www.ecb.europa.eu

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European Central Bank Chief Economist Philip Lane says Europe needs a digital euro to avoid rising stablecoin risks and reduce reliance on US payment firms.

www.ecb.europa.eu

Mee@reddthat.com to

Europe@feddit.orgEnglish · 5 days ago

4

The digital euro: maintaining the autonomy of the monetary system

www.ecb.europa.eu

The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purchasing power of the single currency.

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Can you breakdown why?

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