Will Europeans see the digital euro any time soon? According to the executive board member of the ECB Fabio Panetta, it could be a reality by 2026 as a P2P payment solution, which presumably would help crypto adoption.
Fabio Panetta, an executive board member of the European Central Bank, or ECB, has said that a digital euro could come within four years, potentially designed with a person-to-person payment solution.
the ECB could start the development and testing of solutions toward providing a digital euro for members of the European Union in 2023, a phase that could take up to three years. He added that making the digital currency legal tender and for use in P2P payments could help promote adoption.
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