šŸ” COTI Joins Forces with European Central Bank to Power Privacy in the Digital Euro Revolution

Big moves in the Web3 space! šŸ§ šŸ’ø

COTI, a privacy-first Layer-2 solution built on Ethereum, has officially been chosen by the European Central Bank (ECB) as one of the key partners to shape the future of the digital euro. šŸŒšŸ’¶

Following its success with the Bank of Israel’s digital shekel, COTI is stepping up again—this time contributing advanced privacy tools to the ECB’s CBDC initiative. Their mission? Enable ā€œconditional paymentsā€ā€”a cutting-edge system that ensures asset legitimacy before any transaction is processed.

COTI’s tech, leveraging Soda Labs’ Garbled Circuits, keeps transaction data secure while staying on-chain, ensuring confidentiality without sacrificing transparency. CEO Shahaf Bar-Geffen called the partnership a "milestone" for COTI, reaffirming that privacy is essential for Web3’s evolution. šŸ”’šŸ“ˆ

šŸ“Š Market reaction? COTI’s native token surged 6%—hitting $0.07785!

With the digital euro set for launch by 2026, ECB and its partners—including COTI—are racing to demonstrate how CBDCs can seamlessly plug into retail systems while respecting privacy and financial sovereignty.

Meanwhile, European policymakers are voicing urgency: šŸ‡«šŸ‡· Denis Beau, Deputy Governor of Banque de France, warned that U.S. moves to promote dollar-backed stablecoins could put Europe’s monetary independence at risk—making the digital euro more critical than ever.

#COTI/USDT #Binance #TrumpCrypto #ECB

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