ECB: Cash Is ‘Here to Stay’ Even as Digital Euro Advances

ECB Reaffirms Role Of Cash As It Pushes Ahead With Digital Euro - FinanceFeeds

The European Central Bank is pressing ahead with plans for a digital euro, but insists cash will remain a key part of the financial system — even as stablecoins and private digital currencies grow more popular. “Cash is here to stay,” ECB Executive Board member Piero Cipollone said in a blog post on Monday. “A digital euro will not replace banknotes and coins but rather complement them.” The ECB has been developing a central bank digital currenc…

Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin – MAXBIT

They say journalists never truly clock out. But for Christian, that’s not just a metaphor, it’s a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits...

Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin

Europe’s top central bank is firm on one thing: banknotes aren’t going anywhere. On Monday, ECB Executive Board member Piero Cipollone vowed that euro coins and bills will remain at the heart of payments, even as Brussels moves ahead with plans for a state-backed digital euro. He warned that without a public digital option, privately... The post Cash Isn’t Going Anywhere, ECB Says — But It’s Getting A Digital Twin appeared first on Daily Truth R…

ECB: Cash is ‘here to stay’ even as digital euro advances - WorldNL Magazine

As stablecoins and private digital currencies gain traction globally, the European Central Bank (ECB) doubled down on its commitment to keep public money, both physical and digital, at the core of Europe’s financial system.On Monday, ECB Executive Board member Piero Cipollone said in a blog post that euro banknotes and coins will continue to play a role in the financial ecosystem even if the central bank advances its digital euro plan. “And rest…

ECB: Cash is ‘here to stay’ even as digital euro advances

The ECB says a digital euro will complement and not replace cash, ensuring public money remains central as stablecoin adoption grows across Europe.