A digital euro
Digitalisation has spread to every corner of our lives and transformed how we pay.
In this new era, a digital euro would guarantee that citizens in the euro area can maintain costless access to a simple, universally accepted, safe and trusted means of payment.
The digital euro would still be a euro: like banknotes but digital. It would be an electronic form of money issued by the Eurosystem (the ECB and national central banks) and accessible to all citizens and firms.
A digital euro would not replace cash, but rather complement it. The Eurosystem will continue to ensure that you have access to euro cash across the euro area.
A digital euro would give you an additional choice about how to pay and make it easier to do so, contributing to financial inclusion alongside cash.
“The euro belongs to Europeans and we are its guardian. We should be prepared to issue a digital euro, should the need arise.”
Christine Lagarde, President of the ECB
“We need to make sure that our currency is fit for the future. Inaction is not an option.”
Fabio Panetta, ECB Executive Board Member
- 2 December 2020
- Fabio Panetta: Money in the digital era
- 30 November 2020
- Christine Lagarde: The future of money – innovating while retaining trust
- 27 November 2020
- Fabio Panetta: From the payments revolution to the reinvention of money
- 04 November 2020
- Fabio Panetta: The two sides of the (stable)coin
- 22 October 2020
- Fabio Panetta: A new horizon for European payments
- 12 October 2020
- Fabio Panetta: A digital euro for the digital era
- 2 October 2020
- Fabio Panetta: We must be prepared to issue a digital euro
- 12 September 2020
- Christine Lagarde: Payments in a digital world