🇪🇺BREAKING: A new ECB report predicts that the Digital Euro could significantly reshape how Europeans use money, potentially replacing a large portion of physical cash and impacting bank deposits.
According to estimates:
Every €10 in digital euro issued could replace €5 in cash.
Every €10 issued may lead to a €3 reduction in bank deposits.
If widely adopted, digital euro could replace up to €256 billion in physical currency.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🇪🇺BREAKING: A new ECB report predicts that the Digital Euro could significantly reshape how Europeans use money, potentially replacing a large portion of physical cash and impacting bank deposits.
According to estimates:
Every €10 in digital euro issued could replace €5 in cash.
Every €10 issued may lead to a €3 reduction in bank deposits.
If widely adopted, digital euro could replace up to €256 billion in physical currency.
#ECB #DigitalEuro #CBDC #Eurozone #Banking #CryptoNews