European Central Bank officials are saying: Digital Euro, if it doesn't come, it will be too late!
Inside the European Central Bank, some people are restless.
Executive Director Pierro Cipollone directly pointed out: The EU wants to keep up in the tokenization market, and it relies on "three measures" to break the deadlock, with the first being the digital euro.
Don't think this has nothing to do with you. The reason he gave is quite heartbreaking — the current blockchain is as fragmented as isolated islands, each playing its own game, and it simply cannot function together; what’s worse is that there isn't even a decent "central bank digital currency" on the market. Without an official digital euro to support it, so-called tokenized assets are like building on a beach, with an unstable foundation.
Do you understand? It's not that the technology isn't cool enough, but that the infrastructure hasn't kept up at all.
Cipollone's words are essentially putting the EU's shortcomings right on the table. If even the central bank itself doesn't issue a digital euro, who will endorse the entire tokenization market? Private stablecoins? Then regulation, security, and cross-border settlement will be in chaos.
In simple terms, this is a race that cannot afford to lose. The U.S. is moving, emerging markets are testing, and if the EU is still caught in layers of approval and repeated validation, by the time the system is designed, the market will have been completely occupied by others.
So these "three measures" are not some kind of foresight, but a bottom-line action. Especially the digital euro, it’s no longer a question of whether to launch it; if it’s not pushed out soon, the entire European financial market will be left in the dust in the latter half.
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What do you think? Can the digital euro really save the day, or is it just another paper storm?
Let’s discuss your judgment in the comments section.👇