ECB President Christine Lagarde highlighted that the digital Euro will prioritize accessibility and usability for all citizens, reflecting China's approach.
The ECB is drawing inspiration from China's successful mass adoption of the digital yuan, aiming to achieve similar scale and inclusivity across the eurozone.
The digital Euro is envisioned as a universal currency that seamlessly integrates into everyday transactions, with a focus on reinforcing Europe's global financial standing.
The ECB views the digital Euro not only as a domestic tool but also as a strategic asset to reduce reliance on the U.S. dollar and enhance the EU's international financial presence, drawing insights from cooperation with China's central bank.