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ECB Accelerates Launch Of Digital Euro To Compete With Other Stablecoins

The European Central Bank (ECB) is working on providing a digital alternative to the euro. According to the ECB president, Christine Lagarde, there is a need to protect the central bank’s sovereignty by offering the digital euro, as digital payments become a global trend.

Speaking at the Franco-German Parliamentary Assembly on the 21st of September, Lagarde said:

reportImage Credits: Pixabay

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