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ECB: stability of the monetary and payment system is the goal of the digital euro

European Central Bank (ECB) head Fabio Panetta defended this Monday (26) stability for monetary and payment systems, and said that “safeguarding this anchor is the objective” of the digital euro project.

In a speech at the Bundesbank’s event, the Italian said the authority wants to ensure that central bank money remains available for the public to use everywhere in the eurozone for their daily transactions – not just in its physical form, but also in format. digital.

“Our role is to provide state-of-the-art infrastructure as a basis for private actors to develop their innovative services. These infrastructures can act as catalysts for innovation inside and outside Europe,” said Panetta.

“We are analyzing whether new technologies for the settlement of wholesale transactions can help us to continue playing this role effectively”, pointed out the director.

Source: CNN Brasil

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