💶 Digital Euro: Is it a Threat to Cash? 🏦

The European Central Bank (ECB) has accelerated the development of the digital euro with the aim of implementing it in 2026. According to Piero Cipollone, a member of the ECB council, the next phase of the pilot project will begin in October 2025, marking a key step towards its official launch.

The digital euro aims to offer direct, fast, and secure payments, both online and offline, backed by the ECB. However, the project has generated intense political debate:

Social-democratic and green groups support the initiative as a way to protect European financial sovereignty. On the other hand, conservative sectors warn about the risk of deposit flight and the possible disappearance of cash.

Do you think the digital euro will be a success or will it end up creating more problems than solutions? 💶👇