ECB Head Pushes CBDC, Calls it a Unifying Force in Europe
ECB Head Pushes CBDC, Calls it a Unifying Force in Europe
November 2, 2025, By Cointelegraph
European Central Bank (ECB) president Christine Lagarde released a statement on Friday touting the digital euro, a central bank digital currency (CBDC), as a unifying force in the European Union (EU) and said the ECB is aiming to launch it “as early as possible.”
“As much as banknotes will continue to circulate, we want cash to be in the form of a digital euro as well,” Lagarde said, adding that the central bank digital currency could be used for online payments in the EU. She continued:
“This is a big project because the euro is our…
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European Central Bank (ECB) president Christine Lagarde released a statement on Friday touting the digital euro, a central bank digital currency (CBDC), as a unifying force in the European Union (EU) and said the ECB is aiming to launch it “as early as possible.”
“As much as banknotes will continue to circulate, we want cash to be in the form of a digital euro as well,” Lagarde said, adding that the central bank digital currency could be used for online payments in the EU. She continued:
“This is a big project because the euro is our…
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European Central Bank (ECB) President Christine Lagarde recently advocated for the implementation of a central bank digital currency (CBDC), emphasizing its potential to act as a unifying force within the European Union. Lagarde highlighted the importance of a digital euro in facilitating cross-border transactions and ensuring financial sovereignty for the region.
The introduction of a CBDC could address various challenges faced by the traditional financial system, such as fostering financial inclusion, enhancing payment efficiency, and promoting innovation in the digital economy. Lagarde stated that the digital euro project is currently under review, with a decision expected to be made in the coming months.
