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ECB prepares digital euro to counter US stablecoins

The European Central Bank is developing a digital euro to counter the rise of US stablecoins and dollar dominance.

Published 15sem2 sourcesConfirmedImportantupdated 15sem
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This project aims to offer a sovereign European alternative to privately-issued cryptocurrency assets gaining influence.

The digital euro would help the EU preserve monetary autonomy against US-driven digital payment initiatives.

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