The European Central Bank is once again recruiting for the digital euro, even nitpicking details on how to connect ATMs and POS machines, but the launch plan for 2029 is really dragging. Over there, 12 major banks can’t sit still any longer; they are grouping up to launch a euro stablecoin under Qivalis later this year, aiming to get ahead. This feels all too familiar; on the surface, it’s about compliant payments, but underneath, it’s all about the calculations of financial sovereignty, clearly wanting to de-dollarize in the blockchain world. The central bank is dawdling, while commercial banks are playing self-rescue; this kind of inefficiency is a typical old-school financial narrative. You tell me, in this round of infighting among the 'regular army,' who will end up with the meat? #CBDC #Stablecoin #Macro #ECB $EUR