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Digital Euro

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The EU's digital euro isn't really about euros. It's about Visa and Mastercard (finance.yahoo.com)

An EU committee backed the digital euro after three years of bank resistance over lost deposits and revenue. The pitch is a central-bank money you could hold and spend, even offline, without a commercial bank in the middle.

The thread keeps correcting the framing: this isn't a euro problem, it's that nearly every European card transaction routes through Visa or Mastercard. The skeptic's read: it's 'government Revolut' that still won't match a credit card's chargeback.