European consumers are largely uninterested in adopting a central bank digital currency (CBDC) like the proposed digital euro, according to a recent European Central Bank (ECB) study. The survey of nearly 19,000 people across 11 euro-area countries found that most prefer traditional payment methods and see no significant advantage in switching to a digital euro. ...
European consumers are largely uninterested in adopting a central bank digital currency (CBDC) like the proposed digital euro, according to a recent European Central Bank (ECB) study. The survey of nearly 19,000 people across 11 euro-area countries found that most prefer traditional payment methods and see no significant advantage in switching to a digital euro. ...
Stablecoins are gaining traction as a potential universal payment method, according to Chris Colson from the Federal Reserve Bank of Atlanta. Initially seen as tools for crypto traders, they are now being accepted by major retailers like Overstock, Chipotle, and Whole Foods, among others. Businesses are embracing stablecoins due to lower transaction fees and faster ...
