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Future of the Euro: pay everywhere and whenever you want

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A digital euro contributes to strengthening the international role of the euro and Europe’s open strategic autonomy against other currencies, such as third country central bank digital currencies and private non-bank digital moneys. The proposal protects stability of the payment system by ensuring that the euro remains its reference point as the European economy keeps digitalizing. At the same time, introducing a digital euro could present some drawbacks that would need to be minimized by careful design options.
2023-07-19
European Commission
JRC134382
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